Gary Sheffer
Gary Sheffer
across actions announce businesses clear decide fewer individual jobs layoffs leave meet modest necessary overall plan targets
We have no layoff targets and no company-wide numbers. We never announce overall layoffs because we don't plan for them across GE. We leave it up to individual businesses to decide what actions are necessary to meet their objectives. However, it's clear we'll need fewer jobs at GE because of redundancies from the Honeywell acquisition, the Montgomery Ward bankruptcy, modest volume-related reductions and GE's digitization activities.
disclosure exercise improve productive situation
We disagreed with them that this disclosure was a productive exercise--how would it at all improve the situation on the Hudson?
manage
We manage our businesses, we don't manage earnings.
concerning june proposal related submitted
There are discussions going on concerning our proposal submitted on June 14. Part of our proposal is related to GECAS.
advocate along continue continuing proposal
We have said all along that we will continue to advocate for our proposal and we are continuing to do that.