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General Electric: number of employees in the U.S. 2007-2020

General Electric’s headcount amounted to some 174,000 employees in 2020, of whom around 56,000 were employed in the United States. The company recently entered a restructuring phase and reduced its headcount by around 30,000 between 2017 and 2018. In 2020, the company further reduced its staff by around 31,000. That said, General Electric (GE) employs less people than most of its rivals, including Siemens and United Technologies Corporation.

Of selloffs and layoffs

In its heyday, GE stock traded at over 50 U.S. dollars per share. This changed dramatically when General Electric shares fell to a low of 7.57 U.S. dollars in December 2018. Earlier that year, the company had already dropped out of the Dow Jones Industrial Average (DJIA) index. The company’s net loss attributable to common shareowners of 5.4 billion U.S. dollars in 2019 and the decline in stock value affected employee stock ownership plans, which was particularly felt by retirees who are now left fearing for their savings and might have to re-enter the labor market.

Number of employees at General Electric in the U.S. from 2007 to 2020

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Source

Release date

February 2021

Region

United States

Survey time period

2007 to 2020

Supplementary notes

The figures for 2007 through 2019 were taken from previous financial statements.
All figures refer to General Electric Company and consolidated affiliates.

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