HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Jack Welch is fucked up » Reply #1
In the discussion thread: Jack Welch is fucked up [View all]

Response to DainBramaged (Original post)

Tue Jan 22, 2013, 08:16 AM

1. This from the guy who fired 100,000 employees!

 

GE board members considered Welch too impetuous to take the helm. Welch started his reign with a bang, dismantling GE through a series of dramatic restructurings and layoffs. From 1981 to 1985, he cut 100,000 jobs, an act so painful to employees that they began referring to him as ''Neutron Jack,'' after the nuclear bomb that vaporizes people but leaves buildings standing.

http://www.businessweek.com/2000/00_50/b3711014.htm

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 5 replies Author Time Post
DainBramaged Jan 2013 OP
LineNew Reply This from the guy who fired 100,000 employees!
JoeBlowToo Jan 2013 #1
liberal N proud Jan 2013 #3
MADem Jan 2013 #4
truebluegreen Jan 2013 #2
Botany Jan 2013 #5
Please login to view edit histories.