Editor’s Note: On 2 DEC, EdisonReport first broke the story about layoffs at Current, Powered by GE. A Current spokesman, Powered by GE, now confirms.
GE’s $1 billion energy management arm, Current, is in the midst of a reorganization intended to make the business leaner.
According to numerous sources who work with GE’s Current or have direct knowledge about the restructuring, the company is shuffling resources in order to focus on core areas, such as lighting and analytics.