Patch: GE Healthcare’s x-ray headquarters is moving from its Waukesha office to the other side of the world. The top executives will be located in China, according to various news reports on the transition.According to Bloomberg News:
Bloomberg is reporting that there will not be any job cuts as several executives or “top managers” will be relocated to Asia. Business Insider further clarifies that there are no expected job losses in Waukesha.
BizTimes.com is reporting that GE Healthcare is investing $2 billion in business growth in China.
(It's part of) a broader parent-company plan to invest about $2 billion across China, including opening six “customer innovation” and development centers.