Layoff after Layoff
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Reorg after Reorg
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Split up Divisions
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Sell Assets
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Blame everybody else
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Fake Accounting
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Corporate politics
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Dumb buzz words
=
General Electric
Same stuff, different day.
7 replies (most recent on top)
Investors do love layoffs and the stock usually gains a little when announced. But the gain will be short lived and the downward spiral will continue. The problem is not too many workers. The problem is too many managers that do not work. They continue to execute the algorithm mentioned by the original poster.
Pseudo-Intellectuals:
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A person exhibiting intellectual pretensions that have no basis in sound scholarship.
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A GE manager that has the gift of gab but lacks proficiency in GE’s actual business or product. Lacks in-depth knowledge or critical understanding. Pretends to be of greater intelligence than he or she in fact is.
Remind you of anyone at GE? LOL
Sounds like every GE Manager I know.
I'll explain it....."Pseudo-intellectuals" = No it All, No Nothings!
What do you mean by 'pseudo-intellectuals'?
Big layoffs coming. Got to pump up that stock price so that Trian can salvage their investment. Happy holidays to us.
GE is experiencing the natural selection process of the business world. Pseudo-Intellectuals have ruined GE. It’s too late to recover. Bankruptcy is next.
right!