General Electric says it plans to lay off up to 200 salaried employees at its Schenectady-based Power & Water Division by the end of this year.
According to GE officials, the Fairfield, CT based company is eliminating the white-collar positions to remain competitive. While they wouldn't divulge the exact number of employees to be laid off, 15 hundred workers at the Schenectady steam turbine and generator plant will not be affected.
The announcement came about two weeks after GE said it would close its Fort Edward, plant. GE says those manufacturing operations will be moved to Florida because the Fort Edward plant isn't competitive. The plant employs about 200 workers.
© 2013 AP