Jobs lost: 19,000
% drop (1 year): 6%
Remaining employees*: 304,000
Fortune 500 rank: 4
The diversified conglomerate reduced staff at a number of its businesses. Credit problems amid a troubled economy combined with an inquiry by the SEC into the company's accounting practices hurt its finance business, GE Capital, which handed out 11,000 pink slips. GE implemented additional mass layoffs in its transportation and jet engine divisions as well as at NBC Universal, which reduced its staff by 500.
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Last updated May 13 2010: 9:10 AM ET
* Full-time equivalent employees as of the end of 2009