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GE Power slashing 4,500 jobs in Europe

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SCHENECTADY - Schenectady-based GE Power is cutting 4,500 jobs across Europe as it deals with serious expense and overcapacity issues that dragged down General Electric Co.'s earnings during the third quarter of the year.

General Electric to cut 4,500 jobs in Europe - report

PARIS (Reuters) - U.S. firm General Electric will cut 4,500 jobs across Europe after reviewing assets it purchased from France's Alstom in 2015, French newspaper Les Echos said on Tuesday.

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