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Jim Cramer on Reports of General Electric Job Cuts: Flannery Isn't Wasting Any Time

What next for General Electric?

Amid a Reuters report that job cuts are on the horizon for General Electric (GE) - Get Report , TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said there's plenty of fat at the company.

"This is amazing because [CEO John] Flannery was going to wait for the big November conference - he's not wasting any time," Cramer said.

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