Jack Welch, the former chairman and CEO of GE, died Sunday at the age of 84. Aired on 03/02/2020.
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Jack Welch, Former Chairman And CEO Of GE, Dies At 84 | Morning Joe | MSNBC
just here to see the comment
and no comment
love how this scum bag claims to has no knowledge of PCB dumping in Hudson River
Who? Why do I care?
It’s hard to be a fan when you see how GE has screwed over its workers and customers over the past few years.
How long did you work there?
🦀 🦀 🦀 🦀 🦀 🦀 🦀 🦀 🦀 🦀 🦀 🦀 🦀 🦀 🦀 🦀 🦀 🦀 🦀
Was this the guy that ran GE into the ground or the guy that replaced this guy?
Jack Welch was the golden era of GE and he has been out for a while. He definitely did not run it into the ground.
CEO of the century? The GE conglomerate that he built was just a Ponzi scheme
pvc for survival situations, lets check it out.
The soul of good man always stick on the air.
Welch treated employees like investments bought and sold, not at all like a family. Fire the bottom 20%, reward the top 20%, ignore the middle 60%. Leads to perverse and evil measures of ‘top’ and ‘bottom’. Instead, treat them like family, educate as needed to bring out the best. Families can’t dump the bottom 20% of the kids, reward 20% and neglect the rest without major conflict breaking out. Neither can politicians fire segments of their population (sorry Arkansas, you’re fired!)
you are 100% correct in your assessment of this heinous “leader” of the US business world. A cancer on America.
This Jacka$$ wrecked the best company I ever worked for. At one time, being a GE engineer meant something. At one time, being a GE engineering manager meant something–you were both a good engineer and a fine manager. Before Neutron Jack and his love affair with Wall Street, GE was built essentially as a mutual fund, designed to do well no matter what happened in the economy. Power Systems, where I was, was one of the bases the company was built on. It was designed to do OK, but not be spectacular, in good times and not. GE had businesses that were designed to profit in good times, such as appliances. GE had great R&D. I hope you like it HOT, Neutron Jack. You were an evil man!
@plung3r just about every GE plant that was closed in the last 3 or 4 decades is now a Hazardous waste site. Even here in GA, where I presently live, and work for GA Environmental protection, it’s an issue. A GE plant in Rome, GA has been closed for decades, but they still keep all the buildings in tact and have a 24hour guard, and keep paying the property taxes. Why? Because it is cheaper than the cleanup cost to demolish the buildings, remove all the contaminated soil, and pay for the damage done to the groundwater. Another example was GE Silicones in Waterford, NY. They produced Silicone chalking. A byproduct was a toxic chemical called Mirex. The state used to fine them $5 million a year for dumping it into the Hudson, when GE was profiting $25million a year from it. Then The Hudson Riverkeeper was founded, and got the state to up the fine to $25 million, making it no longer profitable to pollute. It’s all about money and profits. They dont care about the pollution or the human consequences. So, simply by being on site with all of those hazardous materials, for years, exposes the employees to enough to make them sick later.
@Tom Karasch I see, now I get the full picture. Thank you for the insightful reply.
@plung3r You’re welcome. It’s really a shame that GE really helped build a strong middle class in Upstate NY, along with IBM, Xerox, Kodak, Carrier, Chrysler, GM, etc., then were responsible for killing it decades later, through corporate greed, for the most part. Somewhere along the line, Shareholder dividends became more important than employees and customers.
Glad I could give some insight into the usually untold story.
Very sad to hear this.
He was an opinionated bully that thought his ideas were the only ones important! As an adjunct business professor I never believed nor taught that in every business 10% of the people are incompetent and should be fired. My personal belief is that in a business where that is true you should take a long hard look at your hiring practices.
Rot, dog.
Jack who? Did they say Jack Schitt?
Rest in peace to our brother jack ☮️
Bet the services will be well attended just to make sure it is he in the box.
Icahn is on deck, another destroyer.
RIP😢😢😢
Rest In Peace. I’ve always been an admirer of his. He was extremely smart.
Guess no one at NBC is mentioning his other title– the one his employees gave him decades ago– JACK the JERK!