American conglomerate GE announced last week that it would begin mass layoffs as the business struggles to cope with disruptions to the energy supply industry.
A GE gas turbine under construction. Image courtesy of GE Power. All up, the company has announced that it will fire around 12,000 staff, which represent approximately 18% of its total workforce. The layoffs will primarily affect the company’s GE Power division and will be mostly focused on operations in Europe.…
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