Schenectady General Electric is reportedly laying off 200 hourly workers and not filling another 25 positions.
Employees first learned about the layoffs on Monday.
In an announcement Tuesday morning the company cites challenges facing the power industry and a 45% decline in volume at the Schenectady plant.
“Based on the ongoing challenges facing the power industry and a 45% decline in volume at our Schenectady facilities, GE announced a job reduction impacting a number of manufacturing and assembly employees today. This action is difficult and does not reflect the performance, dedication, and hard work of our employees. All impacted employees will be provided with a comprehensive severance package, including transition support to new employment.” – GE spokesperson
GE has been trying to cut costs at its power unit and the company has begun the process of cutting 12,000 workers at all of its plants.
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