GE Power (NYSE: GE) today announced that it plans to cut its global workforce by about 12,000 positions, affecting both professional and production employees. The workforce cuts, combined with actions taken previously in 2017, will position GE Power to reach its announced target of $1 billion in structural cost reductions in 2018. This announcement aligns with GE’s effort to … [Read more...] about GE Power to Cut 12,000 Jobs Globally