GE has fallen and will take five years to get back up

General Electric cut its dividend in half and is restructuring to focus primarily on three units. Industrial analyst Brian Langenberg said on CNBC’s Squawk Box – To really turn this company around operationally and culturally, it’s going to take CEO John Flannery — if he does it right — five years.”

For years the company overpaid for acquisitions and crippled its cash flow.

GE’s market value is down to one third of its peak in 2000.

logo

Don’t miss the latest future news

Subscribe and get a FREE Ebook