GE Aerospace Plans 72 Job Reductions in Schenectady

GE Aerospace has announced plans to lay off 72 of its 152 employees at its Schenectady, New York facility, with the layoffs set to begin on December 31. This decision follows the company's recent spinoff, which resulted in the formation of three separate publicly traded companies, including GE Aerospace. A spokesperson expressed gratitude for the employees' dedication during the transition and confirmed that affected workers will receive a comprehensive severance package and assistance in finding new jobs. The layoffs are attributed to the restructuring that occurred when GE split, with the impacted employees previously serving in a legacy corporate capacity. The Schenectady site remains a significant location for GE, housing both GE Aerospace and GE Vernova, the latter of which has recently announced its own job cuts globally. Overall, this move reflects broader employment adjustments within the restructured GE companies.