Investing

Layoff Watch: 11,000 From GE (GE)?

According to Bloomberg, GE (GE) may layoff as many as 11,000 people at its financial unit.

"General Electric Co.’s finance arm may cut 7,500 to 11,000 jobs, or at least 10 percent of its workforce, because of the global financial slump."

Douglas A. McIntyre

Essential Tips for Investing (Sponsored)

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Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.

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