February 10, 2009

GE Transportation to cut jobs as demand falls

According to AP, CNBC: “GE Transportation, a supplier to the rail, marine and mining industries, said Tuesday it will permanently cut 350 workers and temporarily lay off another 1,200 amid a sharp drop in demand.

Erie, Pennsylvania-based GE Transportation, a unit of General Electric Co. that employs about 11,000 people, said that around mid-April it will permanently lay off 200 hourly workers and 150 salaried workers, all of whom work in the Erie area.

In May it will temporarily lay off 1,200 hourly workers, most of whom also work in Erie. GE expects to bring those workers back when demand returns.”

~News submitted by upthecreek

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