Thread regarding General Electric Co. layoffs

Jack Welch Admits It

From The Wall Street Journal "GE Burned Out" story, https://www.wsj.com/articles/ge-powered-the-american-centurythen-it-burned-out-11544796010

the article gets to this quote at the end...., "Welch, now 83, has slowed from his relentless peak, but was an ubiquitous presence on Nantucket this summer, never hiding his disdain for the man he chose to succeed him. He fumed about the operational failures in the power business, and the execution of the pivot. Welch readily greeted old acquaintances with a grimace about the latest news of the company, saying he gave himself an A for the operation of his old shop, and an F for his choice of successor.

"I'm terribly disappointed. I expected so much more," he said this week. "I made the best choice I thought I could make, and it didn't turn out right."

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| 2042 views | | 3 replies (last December 17, 2018) | Reply
Post ID: @OP+WE3KSpw

3 replies (most recent on top)

and what did he give himself for financial manipulation?

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Post ID: @1amq+WE3KSpw

Interesting that what Welch took the most pride in is now his biggest shame.

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Post ID: @1vwp+WE3KSpw

Hindsight is 20\20. Besides, who listens to him anymore.

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Post ID: @clm+WE3KSpw

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