Thread regarding General Electric Co. layoffs

Time for Perspective, folks!

https://www.fool.com/earnings/call-transcripts/2018/10/30/general-electric-company-ge-q3-2018-earnings-confe.aspx

H. Lawrence Culp -- Chairman and Chief Executive Officer

Sure. Let me take those in order. Biggest misperceptions, Deane, there are a lot of people around -- you know the company far better than I do. In this role for 30 days, on the board for less than a year, I won't claim any special expertise. But again, I think as you get into the business, I have been truly impressed with the talented people I've met really around the world. This team has been through a lot the last several years. The company perhaps doesn't enjoy the reputation in certain quarters that it once did. But the people here are committed to embracing that reality and changing it. And I take a lot of comfort and strength from that.

Frankly, I'm not sure when my board colleagues came to me that I would have stepped into this role had I been out on the road over the course of the summer visiting our business and our team in China, getting the opportunity to walk a couple of plants and power getting out with David Joyce and the Aviation team and really seeing the strength of GE that go a bit perhaps underappreciated today. And I don't want that to sound like I'm sugarcoating our reality, this is not a quarter that we're particularly proud of, but that said, Aviation knocked the cover off the ball and Healthcare wasn't too far behind Transportation in a good place. We really like what we're going to do strategically there with the merger. So there are good things going on here. That doesn't necessarily take away from today's headlines, but there are things we can do to build on this team, these assets, these strengths and that's what we're going to do.

With respect to the team, Deane, you and I both know, we share a passion for the local ball club here. Alex Cora just won a World Series, as best I can tell, largely with the team that was on the field a year ago that didn't do so well. So I am listening to a lot of people here in these first weeks that that will continue listening, learning, but again I feel good about the group that we have here and we're committed to building a stronger General Electric.

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