Thread regarding General Electric Co. layoffs

The Perfect Christmas Gift! You can now pre-order Jeff Immelt's new book!!!

Hot Seat: What I Learned Leading a Great American Company by Jeffrey Immelt

Available pre-orders now accepted at Amazon and other retailers for shipment in February.

Very exciting to hear from GE's greatest visionary leader.

Some notable reviews:
“Jeff Immelt has always been one of my leadership role models. He leads with head and heart. He is an ‘all-in’ leader who is completely committed to his team and his customers, and he cares deeply about both. This book shows how leadership is a full contact sport and Jeff leaves everything on the field.” —John Donahoe, CEO, Nike

Hot Seat is a great gift from Jeff, a personal hero and patriotic, magnificent servant leader.” —John Doerr, Chairman, Kleiner Perkins and author of Measure What Matters

“Jeff pulls back the curtain on his many battle scars, talks about lessons learned and gives us insight into the importance of optimism, growth and, most important, humility.” —Ruth Porat, SVP and Chief Financial Officer, Alphabet and Google

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| 2341 views | | 15 replies (last January 13, 2021) | Reply
Post ID: @OP+18uiGFE9

15 replies (most recent on top)

There it is.It starts at the top when they (upper management) have utter failure and defeat never ever accept responsibility,accountability or even morals.What a way to go through life!

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Post ID: @pket+18uiGFE9

Title of the book. GE my plan to ruin the company

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Post ID: @apgu+18uiGFE9

He transformed the company for the better. Don't believe me? Just ask him.

https://hbr.org/2017/09/how-i-remade-ge?ab=at_articlepage_recommendedarticles_bottom1x1

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Post ID: @4amt+18uiGFE9

Please embrace the Christmas spirit. If you can pretend that Santa Claus is real, then Jeffy should be able to play make believe with his financial results. Beth was able to just close her eyes and imagine some free cash flow. Magic!

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Post ID: @3wdb+18uiGFE9

I'm not sure of what is of value to learn in this book. He spent more than $150 billion on stock buybacks during his reign that artificially nudged GE’s per-share earnings higher. He payed a dividend in excess of the free cash flow for a number of years. Who knows how many billions in value vanished. GE's successors had to sell off units to free up cash and pay off debt. Some, if not all, were profitable. Most Board members, who gave him the green light, were eventually replaced. The list goes on. At GE we are taught to use continuous improvement, Six Sigma, lean, etc. As I see it, he did not follow the culture we are taught.

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Post ID: @3znf+18uiGFE9

Can you bundle it with Beth C's book?

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Post ID: @3xwz+18uiGFE9

Some Reviews contain excerpts of Mr. Jeff "Two Jets" Immelt's wonderfully (?) (Ghost Written) created expose.
A lackluster ode to one of a kind... (Thankfully)... CEO performance, in a once upon a time, great business in the world's historical industrial revolution.
May she rest in peace.

https://www.amazon.ca/gp/aw/reviews/0071605878/ref=cm_cr_unknown?ie=UTF8&filterByStar=two_star&pageNumber=1

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Post ID: @3yni+18uiGFE9

I thought this winter would just be miserable snow,cold and COVID, but now I have something truly to look forward to!

Mark your calendars for February 23rd boys, we need to leave Jeff some epic book reviews on Amazon.

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Post ID: @1oij+18uiGFE9

After all, he did make the stock price affordable for widows and orphans.

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Post ID: @1rfu+18uiGFE9

I hope Two Jets mentioned my major contributions to his and the company's success. I enhanced the culture by using courage, creativity, and the power of change. I imagined it forward.

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Post ID: @ctk+18uiGFE9

Also known as,
*"How I Can Have MY Cake,
And Eat YOURS Too !"*
By none other than,
"Two Jets" Jeff

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Post ID: @usj+18uiGFE9

When the TP shelves are empty again...

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Post ID: @ymu+18uiGFE9

I bought two! Just in case the first book is defective. I don't want to miss a beat while reading a great book by a great man!

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Post ID: @nwv+18uiGFE9

Every American company the last 3 months.......

To my Salesforce family.
To my Intel family.
To my Uber family.
To my VMWare family.
To my State Farm family.
To my Aetna family.
To my google family.

Very saddened by the news of separations, exits, impacted, departed, off boarded (you mean layoffs jerk) today after our transformative headcount rationalization process.

We announced working from home indefinitely for 2020 (getting high 5 front page news) (wow best company ever!) (they let me move to lake8statesaway and keep my 200k silicone valley job!) thinking the impacts of Covid would be short lived (no you didn’t) we made tough decisions initially to furlough specific positions (you mean people you didn’t like) thinking they would promptly come back. (You made no mention of eliminating all the personnel who maintained our campuses for 20 years because they are just contracted losers right, now back to us workers that matter only a little more)

So sorry you young tech workers just got your exotic student loans due after your short lived high flying Bay Area tech career. My buddy Ralph McOutSource convinced me to offshore all of your jobs to Mumbai, and Hyderabad because....well that’s what he did. I’m sure when you told your parents and friends OMG I got hired by google, uber, postmates, salesforce starting at $180,000 right out of school OMG! You had no idea we would convince you you can sell your home and move to the mid west because your job is safe forever (meaning about 6 months) and by the time you paint that last bedroom for the new baby on the way you can start immediately training your new offshore replacement)

Ohana baby! Ohana! Hope you land on your feet soon in the worst job marked since the American civil war....... just be happy you didn’t lose a leg like them buddy and keep that chin up. Keep grinding and things will work out, they always do...
Phil Cashington IV

Oh don’t forget to buy my new book “a self made success” that totally fabricates my back to the wall self made man story. Conveniently overlooking that my grandparents paid cash for my education and my parents rubbed elbows with the elite before I could ride a bike. Oh and that summer I moved lawns for $2.00 an hour we made that up too. I just did it one time as a punishment for crashing dads Mercedes.

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Post ID: @afr+18uiGFE9

https://www.simonandschuster.com/books/Hot-Seat/Jeff-Immelt/9781982114718

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Post ID: @pkr+18uiGFE9

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