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Jack Welch probably did more damage to the United States than any other single person in history. Most bad executives just destroy their own company, but Welch
by ralph84 1y ago
Jack Welch probably did more damage to the United States than any other single person in history. Most bad executives just destroy their own company, but Welch used (GE-owned) CNBC as his propaganda arm to fawn over him and portray him as a business visionary so executives everywhere copied him.
- 29athrowaway 1y agoHis vitality curve idea resulted in the termination of over 100,000 at GE. Over 100,000 people. That's only one company, and only during his tenure. Now add up all the terminations at every company that adopted his corporate astrology bullshit. Millions of people and the number increases every year. How many of those people went into financial hardship, homelessness or even worse? All because of 1 person. To put things in perspective, you could fire every working person in all of New York City and you would have fired less people than the result of his destructive legacy.