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It’s exhausting watching the cycle repeat. Every time they announce a spin-off or a new 'strategic alignment,' the workforce pays the price. They frame these cuts as necessary for competitiveness, but it never seems to result in actual stability for the employees left behind. It’s a classic case of corporate restructuring where the balance sheet gets a quick, artificial boost at the expense of the institutional knowledge and the families that built these facilities. People are just line items now, and morale is effectively nonexistent.
Not surprised at all. GE has been bleeding talent and gutting facilities for years, and this is just the logical conclusion of their 'efficiency' obsession. It’s hard to take the independence narrative seriously when the strategy remains identical to the old conglomerate model: cut costs by shedding headcount whenever the quarterly projections look slightly soft. It’s not 'streamlining' to fire skilled workers; it’s just short-sighted management that prioritizes stock performance over operational health. At this point, I think everyone is just waiting for the other shoe to drop at their own location.