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many companies are walking corpses - see GE
by jeron 1y ago
many companies are walking corpses - see GE
- lotsofpulp 1y agoThis GE? https://companiesmarketcap.com/general-electric/marketcap/ https://companiesmarketcap.com/general-electric/marketcap/ https://companiesmarketcap.com/general-electric/earnings/ https://companiesmarketcap.com/general-electric/earnings/ https://www.macrotrends.net/stocks/charts/GE/ge-aerospace/profit-margins https://www.macrotrends.net/stocks/charts/GE/ge-aerospace/pr... Certainly not in the top tier, but doesn't seem like it is at imminent risk of failing.
- vasco 1y agoAnd the sun looks yellow, but maybe back to the topic, is there an example of a company which was killed primarily by not hiring juniors? Its like I asked of examples of burn victims and you told me "steve has the flu".
- missedthecue 1y agoGE today is not the GE it was 5 years ago. They have really paired down the company. They spun off finance, sold healthcare, and got out of energy & power. GE today is essentially just an engineering company in the aerospace sector, and they've paid down $100B of debt since 2018. Today they're sitting on $10B in cash and do another $10B in free cashflow annually. Not very corpse-like!