Published On: Thu, Dec 7th, 2017

GE to shed 12,000 jobs worldwide as demand for traditional power plants drops

GE-Investor Day

General Electric Co said Thursday it is axing 12,000 jobs at its global power business, the struggling industrial conglomerate’s latest effort to shrink itself into a more focused company. The number of Canadian jobs lost is not yet known.

CBC | World News

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GE to shed 12,000 jobs worldwide as demand for traditional power plants drops