EMCC European Monitoring Centre on Change

GE Aircraft Engines

GE Aircraft Engines

Geographic Location

Country: World


Sector: Manufacturing
Manufacture of transport equipment
30 - Manufacture of other transport equipment
Number Employed: 26500
Group: General Electric

Employment Effects

Announcement Date: 09-10-2002
Planned Job Reductions min: 2800
Planned Job Reductions max: 2800
Type of Restructuring: Internal restructuring
Foreseen End Date: 01-12-2003
Direct Dismissals: 2800

Additional Information

GE Aircraft Engines (GEAE) is the world's leading producer of large and small jet engines for commercial and military aircraft. GEAE also supply aircraft-derived engines for marine applications and provide aviation services. Firts wave 1000 jobs until the end of 2002, 1800 more until 2003.