GE Announces Aggressive Restructuring As Stock Falls 7.2 Percent

04:45

November 13, 2017

Bruce Gellerman

The General Electric logo appears above a trading post on the floor of the New York Stock Exchange. (Richard Drew/AP)

Boston-based company General Electric saw its stock fall 7.2 percent after it announced some serious belt-tightening Monday morning. GE is cutting its stock dividend in half and planning an aggressive restructuring of its business.

WBUR's Bruce Gellerman reports for All Things Considered on the latest turn in what's been a turbulent period for GE.

This segment aired on November 13, 2017.

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Bruce Gellerman Senior Reporter
Bruce Gellerman was a journalist and senior correspondent, frequently covering science, business, technology and the environment.

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GE Announces Aggressive Restructuring As Stock Falls 7.2 Percent

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