GE Employees (In Thousands)

Comments

Discussion Wall:

• jl said:

  July 28, 2011

  how dare you close USA plants and send more jobs to china – how dare you! is this the advice immelt gives the arrogant, without portfolio president?

  reply  

  • GE Citizenship said:

    August 25, 2011

    Thank you for your comment. There have been several stories in the media recently about GE and China. Many of them have distorted the facts about the nature of GE’s business in China and especially the impact of that business on jobs here at home. The truth is that expanding into new markets and selling to more customers—whether in China or any other large, growing international market—means more GE jobs in the U.S., now and in the future.

    With $17 billion in U.S. exports in 2010, GE is the nation’s second largest manufacturing exporter. GE makes the world’s most advanced energy, aviation, healthcare and transportation technology, at plants across the U.S., and sell these products all over the world. In the last ten years alone, GE has doubled its exports from the U.S., which has supported American jobs. In the last ten years, revenue from outside of the U.S. has grown from 35 percent of GE’s total in 2001 to a projected 60 percent in 2011, while more than 50% of the company’s industrial workforce remains in the U.S.

    Please read more about GE and China at http://www.gereports.com/ge-and-china-growing-market-overseas-more-jobs-at-home/.

    For more on GE’s manufacturing expansion in the U.S., check out our “Jobs” section at GE Reports, and our map showing locations in the U.S. where GE has announced over 8,000 new jobs in the last 18 months.

     

• Arden Singer said:

  July 28, 2011

  From this graph, it appears GE has cut 30,000 jobs in the USA. Not paying federal income tax and cutting jobs. Is GE still good for America?

  reply  

  • GE Citizenship said:

    August 25, 2011

    Thank you Arden for your comment. GE did pay almost $2.7 billion in cash income taxes in 2010 on a consolidated basis (almost 19% of pretax income from continuing operations) globally, including significant U.S. federal income tax payments. GE also paid in excess of $1 billion in payroll, state and local sales and use and property taxes. For more facts on GE’s taxes, please read http://www.gereports.com/setting-the-record-straight-ge-and-taxes/ and http://www.gereports.com/more-on-ge-and-taxes/.

    With worldwide demand for products like aircraft engines and gas turbines growing, GE has announced plans to create over 8,000 jobs in the U.S in the last 18 months. From a new locomotive plant in Fort Worth, Texas that will create 775 new jobs to an aviation composites facility in Ellisville, Mississippi that will create 250 new jobs, GE’s expansion has unfolded across the United States. For more details, check here