GEAE PLANS TO SHRINK WORK FORCE BY UP TO 2,800

GEAE PLANS TO SHRINK WORK FORCE BY UP TO 2,800 - A sluggish airline industry is spurring GE Aircraft Engines (GEAE) to cut its work force by 1,000 positions this fall and consider eliminating up to 1,800 more jobs next year, David Calhoun, GEAE president and chief executive, told employees last week...

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