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