So much for those notions that GE maybe added jobs in 2010.
Its 10-K fresh out (nice timing, Friday late afternoon/early evening), showing that the company, run by the head of the White House’s special jobs creation panel, cut another 17,000 jobs last year.
The “good news” is that GE only cut 1,000 US jobs, while eliminating 16,000 positions overseas. Still, that was more than 83 people per month cut loose in America last year.
Since 2006, the company has shed 22,000 US jobs, while the overseas workforce is down just 10,000 since 2006.
Again, we are eager to hear Jeff Immelt’s and his panel’s ideas on actually creating jobs in the US.