GE Targets $8 Billion Deficit Cut With Pension Freeze for 20,000
A GE logo sits on a panel as an employee works inside the General Electric Co. power plant in Veresegyhaz, Hungary. (Photographer: Akos Stiller/Bloomberg)

GE Targets $8 Billion Deficit Cut With Pension Freeze for 20,000

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(Bloomberg) -- General Electric Co.’s pension deficit is the worst in corporate America, hampering Chief Executive Officer Larry Culp’s efforts to rescue the manufacturing icon.
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