GE to Cut 60 Jobs in Iowa

General Electric will cut 60 jobs from its plant in West Burlington, Iowa, which manufactures low-voltage switchgear.

Some of the reductions will come from early retirees.

The facility currently employs 313 people. As of the 2000 census, West Burlington had a population of 3,161.

The General Electric Company, or GE, is a multinational technology and services conglomerate incorporated in the State of New York. In terms of market capitalization as of September 30, 2008, GE is the world’s tenth largest company.