I read 6000 in France, first I have heard about 12K.
Hmm. That maybe hints towards repatriation of $$$ to US to me.
From Chicago Tribune: The (12,000) job cuts will mostly be outside the U.S. and will comprise approximately 18 percent of the power unit's workforce. GE would not say where workers would be effected, but the power distribution network in Europe has seen significant disruption as demand there wanes.