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General Electric to cut 12,000 jobs in power business revamp

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. - ZURICH/LAS VEGAS (Reuters) - General Electric Co said Thursday it is axing 12,000 jobs at its global power business, the struggling industrial conglomerate's latest effort to shrink itself into a more focused company.



original story: http://feeds.reuters.com/~r/reuters/businessNews/~3/7hndMwJQWrI/general-electric-to-cut-12000-jobs-in-power-business-revamp-idUSKBN1E11GU