GE Splits GE Energy into Three Business Units for Faster Decisions and Lower Costs

General Electric, Fairfield, Conn., said it will reorganize its GE Energy business into three standalone business units to speed decision making, reduce layers and decrease cost. The change will take effect in the fourth quarter of 2012, and the Energy headquarters organizational layer will be phased out by the end of 2012.

The existing GE Energy Infrastructure includes approximately 100,000 employees and expects to post revenues of approximately $50 billion in 2012. All three new bus

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