GE restructures to streamline businesses

GE restructures to streamline businesses

There are 2 comments on the Connecticut Post story from Jul 25, 2008, titled GE restructures to streamline businesses. In it, Connecticut Post reports that:

General Electric Co., which owns businesses ranging from light bulbs to NBC television, on Friday said it will restructure into four businesses from six, a move that Chief Executive Officer Jeff Immelt says ...

Join the discussion below, or Read more at Connecticut Post.

smoke and mirrors

Singapore, Singapore

#1 Jul 28, 2008
This will just hide the continuing poor results of underperforming businesses. A restructure addresses issues. This is not a restructure.
Frank

AOL

#2 Aug 12, 2008
Again Ge is getting out of the manufacturing business.except for aircraft engine and railroad engines Ge is mostly just a money store.
I've owned thousands of Ge stock for over 20 yrs and this Immelt is killing me.
Ge should spin off it's ceo and chairman.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

General Electric Discussions

Title Updated Last By Comments
News General Electric Pursues Spinoff, Sale of Consu... (Jul '08) Wed Ready to GO 5,490
GE health benefits are only getting worse by th... Apr '16 mwalker32 1
News Sanders Renews Feud With `Greedy' GE, Says Imme... Apr '16 Donna 1
News GE, Starwood warn North Carolina governor Apr '16 Shirvell s Shrivel 4
GE changing benefits for Retiree Spouses/Same S... (Oct '12) Feb '16 XAVIER 30
Demand the ceo (Jan '16) Jan '16 Taco bell ah 1
Boycott ge (Jan '16) Jan '16 Taco bell ah 1
More from around the web