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General Electric Co.
| Headquarters location: 3135 Easton Turnpike Fairfield, CT 06431 |  | Tel. 203-373-2211 Job offers, investor relations: www.ge.com Stock:  |
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General Electric belongs to |
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« ETHICAL » RATING OF GENERAL_ELECTRIC
, group
and subsidiaries
[ ?] |
| Labor: 1 violation(s) of fundamental labor rights |
| Job: 15% of company's jobs cut since 1998 |
| Environment: 2 major pollution(s) |
| Delinquency: 6 act(s) of financial or trade delinquency |
| Tax haven, secret bank account, shell companies: operates in 7 offshore financial center(s) |
| Sales: more than 163 billion(s) dollars/euros in annual sales |
| Net profit: more than 128 billion(s) dollars/euros in cumulated net profit since 1998 |
| Top management: earns 1765 times the median income in the United States (32000 US$/year) |
| Influence: 11 act(s) of direct corruption or lobbying |
| Advertising & marketing: 1 dubious practice(s) |
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Relevance: business & market share |
World locations & Manufacturing |
General Electric is managed by |
| year name | photo position; compensation source |
| 2005Immelt, Jeffrey |  Chief Executive Officer; salary: 3.23 million US$; stock-options: 3.82 million US$; |
| 2005Wright, Robert C | Vice-president; salary: 8.77 million US$; stock-options: 10.63 million US$; |
| 2000Welch, Jack | Chief Executive Officer; salary: 16.7 million US$; |
| 1998Welch, John F Jr | Chief Executive Officer; salary: 10 million US$; stock-options: 46.54 million US$; |
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year | employees <> | social impact : country source |
| 2007 | -1425 | Closure/Bankruptcy: GE closes 7 of the 54 factories specialized in the production of bulbs with incandescence, in the United States, in Brazil and Mexico.: | Les Echos |
| 2007 | -450 | Relocation: GE Hydro closes in June 2008 its turbines factory in the Lachine district, in Montreal, and of another in Peterborough, in Ontario. The headquarters of the GE energy division will be moved from New York to Brazil. Its factories will be located at Brazil and Finland.: Canada | La Presse . |
| 2006 | -3000 | GE restructures its light bulbs production in the world.: | Les Echos |
| 2005 | 2000 | GE will build a customer service plant for its clients across Europe in Bucarest.: Romania |  |
| 2005 | -20 | Relocation: Disolution de la société de réparation de moteurs International Compressor Technologies, détenue à 50-50 par General Electric et Snecma. L'activité sera récupérée par GE à Singapour.: France | Les Echos |
| 2005 | -100 | Relocation: GELcore, sa filiale, supprime les quatre-cinquièmes de l'effectif de son usine canadienne de Lachine. Gelcore y fabriquait des feux de circulation et de signalisation pour chemins de fer ainsi que des équipements d'éclairage d'enseignes. Désormais, ils seront fabriqués au Mexique, à Aucuna. Il ne s'agit là pas « de rentabilité » mais de « compétitivité », a concédé la direction.: Canada | LaPresseAf. |
| 2005 | -568 | Merger/Acquisition: The merge between GE Capital Bank and GE Bank Mieszkaniowy creating GE Money Bank is a result of General General Electric global strategy that links companies operating on the same market and having similar or complementary profiles.: Poland |  |
| 2003 | -140 | Relocation: AP | |
| 2003 | -800 | | AP |
| 2002 | 315000 | | |
| 2002 | | ILO violation 100, 111 : Maquiladoras workers are submitted to pregnancy tests as a condition of employment: Mexico | Arizona Re. |
| 2000 | 313000 | | |
| 1993 | 230000 | | |
| 1990 | -500000 | Internal restructuring: Between 1981 and 2001, under the direction of the chairman Welch Jack, the number of employees of General Electric passed from 400 000 to 300 000. By counting the employees of the 1 000 companies acquired by General Electric between 1981 and 2001, the total of the layoffs amounts to 500 000.: United States of America | Le Monde D. |
| 1990 | | Cited by the Occupational Safety and Health Administration for 858 violations between 1990-2001, including at least 98 « serious violations » defined as « a substantial probability that death or physical harm could result »: | Polaris In. |
| 1981 | 400000 | | |
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