General Electric, or GE, plans huge layoffs in its power business to cut costs..General Electric Co. plans to cut jobs in its power business as the company s new leaders look to slash costs and stabilize the beleaguered Online message boards for GE employees were active in recent weeks as workers discussed layoff notices going out in GE Power manufacturing locations .Will GE layoffs affect Dayton and Cincinnati? General Electric Power said Thursday it will cut , jobs, and so far, it appears no operations in the Dayton and West Chester Twp. areas are affected. "We can confirm no Worldwide, GE Aviation employs about , people at more than locations..GE announced it was axing jobs at its global power business. GE to cut , jobs at its power business AM ET Thu, | . A third of the company s Swiss workforce face layoffs, while percent of its staff in Germany are also likely to be axed in the shake up. GE said it had .
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