GE to Cut 12,000 Jobs in Power Business

The transcript discusses GE's acquisition of Alstom's energy business in 2015, highlighting the poor timing due to a struggling gas power market. It explores GE's challenges in transitioning to renewable energy, noting their strong position in wind energy but weaker overall market presence. The discussion also covers GE's job cuts, primarily overseas, as a cost-cutting measure, and the potential political implications with President Trump.

What impact did job cuts have on GE's public perception, especially in relation to President Trump?

What are the potential benefits and drawbacks of GE's transition to renewable energy?