General Electric Co

General Electric Company

In the next year, General Electric Co is likely to experience difficulties associated with a less stable operating environment, as stated by the company's Chief Executive Officer Larry Culp, who nonetheless believes his company is capable of coping with this challenging environment.

General Electric Co is likely to report lower earnings and unchanged revenue in the third quarter because of bottlenecks in the supply chain, drop in demand and shrinking margins.

General Electric Healthcare's subsidiary is expected to launch in the first half of January 2023, as company officials said.

General Electric Co., which provides comprehensive healthcare solutions, will carry about $15.4 billion in debt and pension liabilities when it spins off the health-care unit in January.

General Electric Co. is laying off staff at its onshore wind power plant within a plan to restructure and reshape the enterprise that is struggling with weak demand, mounting costs, as well as supply-chain delays.