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Lights Out: General Electric is Cutting 12,000 Jobs

via Twitter

One of the oldest companies still in existence is unfortunately cutting jobs.

The struggling giant, GE, is looking to save approximately $1 billion in 2018.

The jobs will primarily be outside of the US, but this is one of the biggest companies in the world reducing staff by nearly 20%.

While the cut will be rather detrimental for those employed by the company, and seemingly beneficial for their employer, others question the motives behind the cut.

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