Saturday, June 21, 2008

GE Healthcare announces layoffs


Waukesha, Wis. - Citing a drop in diagnostic imaging sales, GE Healthcare in Waukesha has laid off an undetermined number of employees, according to a report in the Milwaukee Journal Sentinel.

The Waukesha facility, which employs about 3,000 workers, will let go less than 400 workers, according to GE spokesman Brian McKaig.

McKaig cited the impact of the federal Deficit Reduction Act, which has resulted in less federal reimbursement for certain diagnostic imaging procedures.

The company, which employs 7,000 people statewide, had reported a decline in first quarter profits.

Workers were told of the layoffs June 19, and they will receive assistance with their job search.

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