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.
NISKAYUNA - General Electric Co.'s Global Research Center in Niskayuna is expected to survive a decision by new GE CEO John Flannery to close three of the company's five research labs around the globe as he seeks to trim costs.
General Electric Co. this week furloughed a number of salaried workers at its Schenectady plant, although it's not clear how many lost their jobs. A spokesperson would only say that it was a "small number."
When GE Healthcare opened a production plant at the Rensselaer Technology Park in North Greenbush, a major reason to keep it local was so that engineers could continue to work closely with researchers at the Niskayuna labs as they…
General Electric Co., seeking to reduce costs, is offering severance packages to "a small percentage" of employees at its GE Power operations in Schenectady. No production manufacturing workers are being impacted, a GE spokeswoman said…
General Electric Co. has agreed with a group of its largest shareholders to cut $2 billion in its industrial units' costs over a two-year period, a move that could affect operations at its Global Research Center in Niskayuna.
General Electric Co.'s previously announced closure of its GE Transportation facility in Latham will be completed by late May, the company told the state Department of Labor on Monday. The closure will cost 41 workers their jobs.
HARTFORD, Conn. (AP) — General Electric announced Wednesday it will move its headquarters to Boston, leaving the sprawling suburban Connecticut campus it has called home over the past four decades for a technology-rich city it says better…
ATHENS, Greece (AP) — Canadian mining company Eldorado Gold said Tuesday it is suspending work at a site in Greece and laying off 600 workers following protests by local residents and a spat with the country's leftwing government.
General Electric Co. warned Tuesday that it is likely to move 500 jobs from the United States overseas, including many at its Schenectady plant, because it no longer has access to U.S. Export-Import Bank financing guarantees.