Headline Details

General Electric to cut 12,000 jobs in power business revamp

Published on: Thu, 07 Dec 2017 11:58:37 UTC
News Agency: Reuters
Description:
ZURICH (Reuters) - General Electric Co announced on Thursday it was axing 12,000 jobs at its global power business as the struggling industrial conglomerate responds to dwindling demand for fossil fuel power plants.

Click here for FULL Story on Reuters

Also happening now

HeadlineNews Agency
Strawberries spook Australia into raising jail terms for food tampering Reuters
Palestinians say one killed as Israeli troops fire on Gaza protest Reuters
Fulfilling a dream, South Korea's Moon visits sacred North Korean mountain with Kim Reuters
Landslide in Philippines kills four, dozens feared trapped Reuters
Iran asks U.N. to condemn Israeli threats: state TV Reuters