GE plans 12,000 job cuts in power unit no job impacts in Bangor yet Bangor

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GE plans 12,000 job cuts in power unit no job impacts in Bangor yet Bangor
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The power unit expanded considerably with the $10 billion acquisition of Alstom's energy business in 2015 -- but the drawn-out deal has turned into a drag. Intended to broaden the product lineup with steam-turbine technology, the tie-up pushed GE Power's workforce to 65,000 at a time when the market was slowing.

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