GE Capital to reorganize to cut costs
November 19th, 2008 Leave a comment Visited 30 times, 1 so far today
GE Capital to reorganize to cut costs
US based GE has announced that they would launch a reorganizing process at their GE Capital division.
The aim is to cut costs and save $2 billion next year.
GE said that the newly structured company would be ready by the start of next year.
The economic slowdown is hurting everyone apparently and cutting costs is the only solution in sight for them to stay competitive and alive.
|
TechWhack on Facebook
|
This website uses IntenseDebate comments, but they are not currently loaded because either your browser doesn't support JavaScript, or they didn't load fast enough.