GE's new CEO preparing job cuts in bid to reduce costs: Source
New Chief Executive Officer John Flannery has told senior-level executives to prepare for cuts at headquarters and other areas of the company that do not produce revenue or profit.
Aug 31, 2017, 20:05 PM ISTJeff Immelt to depart as GE names new chief executive
General Electric has announced a leadership shakeup as it faces scrutiny after a corporate makeover executed by outgoing chief Jeff Immelt in the wake of the 2008 financial crisis failed to ignite strong growth.
Jun 13, 2017, 14:48 PM IST