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Axios Jan 16
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GE considering breakup

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Photo: Smith Collection/Gado/Getty Images

GE CEO John Flannery said today the giant conglomerate was thinking of breaking itself up into separate units, the Wall Street Journal reports. Flannery said a decision could come this spring on the "best structure or structures for our businesses."

Why this matters: A breakup of the remaining operations would be "a shift from decades of deals that once made it the most valuable company in the U.S.," the WSJ wrote, and the paper's financial editor called it "an end of a long and glorious era of American industrial might."