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GE said it will lay off more than 2,000 workers.

January 14, 1987

The company said it would lay off 1,950 steam turbine and generator production workers in Lynn, Mass., plus 200 more in six months when it closes a related foundry in Schenectady, N.Y., because of falling demand. Also, General Electric has announced an early retirement plan for 500 workers at a jet engine plant in Ohio. The layoffs are the latest in a series that have reduced GE payrolls by more than 100,000 positions since 1981.

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