GE continues down its destructive path

first_imgCategories: Letters to the Editor, Opinion Re Dec. 8 article, “GE to slash 12,000 jobs”: GE brings ‘bad’ things to life. GE’s announcement for massive layoffs for salaried and hourly employees, all under the pretext that the company needs to redirect, is ludicrous. After mismanaging the company and destroying the stock price, former CEO Jeff Immelt’s compensation package is in excess of $26 million. GE sure does provide a hefty bonus package for bad performance.The new CEO, John Flannery, promises to get GE back on track. That is hard to believe, seeing as he led the acquisition of Alstom, the largest industrial acquisition and shrinking of GE Capital with massive layoffs and closing of divisions. We can be sure of two things concerning GE: more cutting out hard-working individuals and higher compensation for Flannery and his team. Jose Fernandez GlenvilleMore from The Daily Gazette:Foss: Should main downtown branch of the Schenectady County Public Library reopen?EDITORIAL: Thruway tax unfair to working motoristsEDITORIAL: Find a way to get family members into nursing homesEDITORIAL: Urgent: Today is the last day to complete the censusEDITORIAL: Beware of voter intimidationlast_img read more

Meaning of life isn’t in material things

first_imgOnce again, I’ve enjoyed Peter Looker’s Jan. 22 socioeconomic analysis in The Gazette Opinion section. Allow me to add a few observations.  Categories: Letters to the Editor, Opinion Sadly, it seems that advertisements for things we don’t really need continue to control our sense of well being and have blinded many of us to the conditions of those less fortunate.Maybe cutting that cord to networks controlled by Madison Avenue will help turn things around and our children and grandchildren will learn that rather than greed and excess, contentment is the key to happiness.Perhaps it’s due to the fact that I’m in the downsizing phase of my life that I can look back with nostalgia at a time when basic necessities were appreciated and keeping up with the Joneses (or Trumps and Kardashians) wasn’t a national obsession. Helping others while cherishing family and friends may be old fashioned, but I sincerely hope they haven’t permanently gone out of style.Virginia NewtonBurnt HillsMore from The Daily Gazette:EDITORIAL: Find a way to get family members into nursing homesEDITORIAL: Thruway tax unfair to working motoristsEDITORIAL: Beware of voter intimidationEDITORIAL: Urgent: Today is the last day to complete the censusFoss: Should main downtown branch of the Schenectady County Public Library reopen?last_img read more

Spaced out

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Twelve months around Britain

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The vision needs mixing

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Industrial: sustained and improved demand is driving the market forward

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Mercury rising in Hants barometer

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Keeping up with the Joneses

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Corporate deal of the year

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British Land shares a slice of the Irish action

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