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GE cutting expected jobs, laying off some employees

It was billed as a major job-creating move, but there's word now that General Electric is already laying off a small number of employees at its Global Operations Center in the Banks Riverfront development. (WKRC)

CINCINNATI (WKRC) - It was billed as a major job-creating move, but there's word now that General Electric is already laying off a small number of employees at its Global Operations Center in the Banks Riverfront development.

GE revised the expected number of people it will hire there and will eliminate a few existing positions.

The company completed the office building a year ago. It received $112 million in tax incentives from the city.

Company officials say the office will still employ the 1,400 workers it promised to get that deal.

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