Sigma Labs Inc (SASI)

[GetRich1day]

GE Aviation cutting more 7 percent of engineering workforce

A spokesman for the General Electric Co. unit based in the Cincinnati suburb of Evendale said in an email Thursday that the cuts are not due to any decline in business. Spokesman Rick Kennedy says the reductions are being made because the company's new jet engines are moving from the development and testing phase to production.

http://news.yahoo.com/ge-aviation-cutting-more-7-135054677.html

Kennedy says the layoffs are because engine development programs are completed and the engineers are no longer needed

http://wvxu.org/post/ge-aviation-laying-engineers#stream/0

Kennedy told me the reductions come as GE leaves the engineering phase on five massive programs (Passport, GEnx, GE-Honda HF120, GE38 and CFM LEAP engines) and enters production.
" It really is that phase," he said. "We're not declining in Greater Cincinnati. In the next five years we'll be increasing production of these engines, so there will be incremental hiring."

http://www.bizjournals.com/cincinnati/news/2016/01/28/ge-aviation-announces-more-than-200-job-cuts-in.html

Seems like GE has got the AM process figured out now for production. I'm patiently waiting.