GE Healthcare lays off 140 in Madison

A decline in the demand for ventilators and anesthesia machines is the reason behind today’s announcement by GE Healthcare that it has laid off about 140 employees at its Madison facility, according to a report in the Wisconsin State Journal.

According to the International Association of Machinists and Aerospace Workers (IAM) Local 1406, the union representing the employees, 50 employees were laid off in September and about 90 more were laid off on Friday, Jan. 15.

GE Healthcare had hired about 250 new employees as the COVID-19 pandemic created demand for the ventilators, but production slowed in the ensuing months.