Midlands dealt devastating jobs blow as GE cuts 1,100 workers

The GE facility at Redhill Business Park
The West Midlands has been dealt a devastating employment blow with the announcement by General Electric that it is to cut 1,100 jobs from its UK operations – the majority of them in Stafford and Rugby. The announcement is part of a global restructuring by the transformer giant, which will see 12,000 jobs axed in its power business - 18% of the division's 55,000-strong global workforce. The engineering giant said the move was to help it save around $1bn next year as it reacted to declining demand for fossil fuel power from aro... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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