57 F
Fort Worth
Tuesday, December 1, 2020
Transportation GE's Fort Worth plant to lay off 250

GE’s Fort Worth plant to lay off 250

Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...

Citing “declining business conditions,” GE Transportation is laying off 250 workers at its Fort Worth plant.

The plant has been building an average of 10 locomotives a week, but in an earnings report in January, GE said its transportation unit had seen a slowdown year-over-year. The plant employed about 700 workers in 2016. The company’s plans were included in a WARN letter sent to the Texas Employment Commission on Feb. 1. 

“We shipped 171 locos in the quarter versus 320 last year,” said Jeff Bornstein, GE Co. CFO in the company’s earnings call in January.


close






Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

Latest News

Alto partners with Toys for Tots as ‘On Demand’ Santa returns

Alto announces partnership With Toys For Tots, return of on-demand Santa Alto, a Dallas-based rideshare and delivery company, has announced it will partner with national...

GM walks away from stake in electric vehicle maker Nikola

NEW YORK (AP) — General Motors will not take an initial stake in the electric vehicle company Nikola, which announced Monday that it would...

GM to recall 7M vehicles globally to replace Takata air bags

DETROIT (AP) — General Motors will recall about 7 million big pickup trucks and SUVs worldwide to replace potentially dangerous Takata air bag inflators. The...

New law seeks additional fees on electric vehicles. Here’s how many EVs are in Fort Worth and how much it can cost

A Texan lawmaker is attempting to levy additional fees on electric vehicles (EV) that could cost North Texas EV drivers collectively more than $2.5...

GM: New batteries cut electric car costs, increase range

DETROIT (AP) — General Motors says a pending breakthrough in battery chemistry will cut the price of its electric vehicles so they equal those...