Thread regarding Raytheon Co. layoffs

Is RTX following Jack Welche's Philosophy

The Man Who Broke Capitalism: How Jack Welch Gutted the Heartland and Crushed the Soul of Corporate America―and How to Undo His Legacy Hardcover

Must Read: https://www.amazon.com/Man-Who-Broke-Capitalism-America_and/dp/198217644X

Merge->> Re-org-> Re-align, then remove redundancies:
Thus reducing cost -->> Making Wall str happy :)

In process push people out, loose technological competitive edge.

Kind a like "Buy Cow Milk it to Death, then sell it for Steaks," AKA M&A.

Example, GE is being sold as steaks!

Buy RTX stock!

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| 2251 views | | 5 replies (last March 19, 2023) | Reply
Post ID: @OP+1l6cpBJr

5 replies (most recent on top)

Jack Welch leadership principles are the reason that a lot of aerospace companies like GE and Boeing are experiencing bad times now. They’ve sewn their seeds now they’re gonna to reap the rewards.

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Post ID: @Cqpw+1l6cpBJr

The wall street hucksters offshored the economy to create the Frankenstein of China, which is now about to wreak havoc on its creator.

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Post ID: @wytd+1l6cpBJr

Yea, this is textbook crony capitalism. I wish people at RTX were aware and left already, it's gonna go downhill from here.

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Post ID: @6fjg+1l6cpBJr

Maybe

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Post ID: @4vwz+1l6cpBJr

Yes

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Post ID: @dtm+1l6cpBJr

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