Unfortunately, news being reported about the General Electric in Schenectady is not great.
According to News Channel 13, the Schenectady General Electric announced the elimination of 225 positions, which means laying off about 200 employees...
As reported by the Times Union, General Electric announced that it will be laying off 130 hourly workers in their Niskayuna and Schenectady locations. Reportedly, employees were notified at a meeting this past Friday, and the layoffs will be happening in the next two weeks...
Yesterday was not a happy day at Yahoo in Silicon Valley. The first of 2,000 employees were let go with an apologetic letter from CEO Scott Thompson. This is all part of a restructuring of the company to change course and go in a new direction.