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GE is axing 12,000 workers in its power business

New York Post
GE is axing 12,000 workers in its power business

General Electric is axing 12,000 jobs at its global power business, the struggling industrial conglomerate's latest effort to shrink itself into a more focused company. The US company launched the cuts to save $1 billion in 2018, saying it expected dwindling demand for fossil fuel power plants to