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Some GE employees looking into dim future
As more energy-efficient lightbulbs switch on across the globe, General Electric will switch off facilities making old-fashioned bulbs. The Wall Street Journal reports GE will shutter 7 of 54 plants and warehouses that deal with the company's 128-year-old incandescent bulb business. The closings are expected to happen by November of next year and will mean about 1,500 layoffs. GE previously laid off 3,000 employees in the incandescent unit.
Posted on October 5, 2007 4:31 AM PT | Permalink
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