GE Security Layoffs Job Cut: fires 222 employees at Tualatin: Finance Trading Times

GE Security Layoffs Job Cut: fires 222 employees at Tualatin

The GE Security has decided to layoff some 200 workers. All the sectors are now melting under the pressures of falling market demand and financial problems. As a measure, they are going for layoffs. The latest one to add to the list is, GE Security, which has decided to go for layoffs. GE Security  Layoffs

How many employees will be fired in the GE Security layoffs?
There will be around 222 job cuts at GE.

Will there be any plants closed by GE Security?
No confirmed news yet. However, the news is that Only layoffs are planned as of now.

Which locations or plants will be affected by the GE Security layoffs
The job cuts will take place at Tualatin manufacturing facilities. As per the news, GE Security is cutting all of its manufacturing jobs in Tualatin, moving them to GE locations across the United States and Mexico.

Any compensation or severence package offered to the affected employees of GE Security layoffs?
The company is considering incentives for those manufacturing employees who relocate and severance packages for those who don't

What are the primary reasons of GE Security layoffs?
The primary reason for layoffs is the declining sales and demand for GE Security.

Which department or segment of employees will be affected by the layoffs?
All the manufacturing jobs will be cut at the above location. That means only around 100 jobs will remain at the plant which are like customer service and accounting profiles who deal with GE's national office.

Any other news about GE Security
The Tualatin branch of GE Security, which is part of the General Electric Co., makes video products, access control and intrusion products. Most of that manufacturing will be moved to facilities in Maine and North Carolin. There may be cosideration for further job cuts and layoffs at other locations as well, depending upon the situtation.
Let's hope that alternative jobs are available to the affected employees of GE Security Layoffs Job Cut
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1 Comment: Post your Comments

Anonymous said...(on 31 January 2009 at 11:29 )  

GE bought into the security market after 9-11. They gutted all of the core products from the Tualatin plant and sent them to China and Mexico. Now through their terrible miss-management the Tualatin plant is closing. The few jobs that are left will be moving to another location in the area. Honestly, I don't know why GE and Jeff Immelt are still around!

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