General Electric to cut 1,200 jobs in Switzerland

Reuters 

(Reuters) - will cut 1,200 jobs in at its troubled power generation business, about 200 fewer than its original proposal, the U.S. industrial said on Monday.

GE had announced plans in December to cut as many as 4,500 jobs in - including 1,400 in - as it aims to reduce its global footprint by 30 percent.

The company has a workforce of about 4,200 in The cuts will affect 920 employees in Baden, 230 in Birr and 50 in Oberentfelden, Swiss union Unia said separately.

(Reporting by in Bengaluru and John Revill in Zurich; Editing by Sai Sachin Ravikumar)

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First Published: Mon, June 18 2018. 18:03 IST