General Electric Ramping Up Cost Cuts (GE)
Posted on October 25, 2008 at 13:23 PM EDT
General Electric (GE), according to a WSJ report this morning will be cutting costs as it braces for a difficult 2009. The company, which hit another 52-week low on Friday, is saying employment will be lower but declined to give exact numbers of any job cut decisions. The company presently employs more than 327,000 workers worldwide. [...]