Yes, because that article was garbage that had its lips firmly glued to Jack Welshes taint.
GE has a 7% rise in profits from 1979 into 1980. And spoiler, there is no GE today. It’s been broken up after it was pulled from the S&P due to massive financial fraud and bankruptcy, all due to following Jack Welsh’s management style.
Did you ignore the previous article which shows the issues predate jack and jack is the one who saved the company?
I’m no fan of jack for many reasons but had he not been the ceo, there would have been no Ge today
Yes, because that article was garbage that had its lips firmly glued to Jack Welshes taint.
GE has a 7% rise in profits from 1979 into 1980. And spoiler, there is no GE today. It’s been broken up after it was pulled from the S&P due to massive financial fraud and bankruptcy, all due to following Jack Welsh’s management style.
https://www.ge.com/investor-relations/stocks
Ge is till a company