General Electric to cut 12,000 jobs in power business revamp, to save 1 bn

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General Electric to cut 12,000 jobs in power business revamp, to save 1 bn
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Jeff Immelt to retire from GE, John Flannery appointed new CEO Here comes General Electric's turnaround plan. It better be good GE's new CEO vows sweeping change after report General Electric to cut 4,500 jobs in Europe: Source General Electric cuts quarterly dividend by 50% ahead of expected overhaul

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