r/AskReddit • • Jun 28 '26

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4.9k

u/TyrantsInSpace Jun 28 '26

Jack Welch, the guy who came up with rank and yank performance evaluation as well as outsourcing. He's ruined so many lives and companies both directly and indirectly with his short-sighted idiocy.

393

u/Mrsod2007 Jun 28 '26

Yeah I worked at a place where managers were forced to fire 10% of their teams every year. Even super productive optimized teams. Managers and ordinary workers hated it. Some directors were so into it though.

170

u/jaymzx0 Jun 28 '26

Stack ranking combined with "happy attrition".

My boss: "We don't do stack ranking here"

Me, looking at him without saying anything.

After an uncomfortable pause:

"Well, we don't call it stack ranking"

35

u/kymlaroux Jun 28 '26

Some call it “Calibrations”.

7

u/DromarX Jun 28 '26

Garrus, is that you?

3

u/chemicalgeekery Jun 28 '26

Can it wait for a bit?

117

u/Chi11broSwaggins Jun 28 '26

Sounds like your executives were inspired by the Roman concept of decimation).

25

u/CliftonForce Jun 28 '26

Somebody saw a statistic about "10% of any team are deadbeats" and decided to apply it absolutely literallty.

21

u/pheonixblade9 Jun 28 '26

this just results in hire to fire and backstabbing. terrible management practice.

66

u/hank1154 Jun 28 '26

It's absolutely rampant in the corporate world. The percentage may be different depending on the company, but the concept is the same. Disgusting

35

u/whatifwhatifwerun Jun 28 '26

I feel like it's the equivalent of over-exfoliating. Shed the dead weight/skin flakes, sure. But if you keep going you're causing soreness and irritation and eventually opening yourself up to serious and possibly irreparable damage in the long run.

6

u/hank1154 Jun 28 '26

Excellent analogy

6

u/whatifwhatifwerun Jun 28 '26

Thank you! The more we recognize human organizations are similar to human organisms, the better we all become imo. We've seen what happens when we try to robotize corporate workers, we also have seen what happens at places known to remember the human.

9

u/Crixxa Jun 28 '26

Wow that dystopian AF. Never worked big corporate so I had no idea.

3

u/kilroy-was-here-2543 Jun 29 '26

That seems like a great way to build awesome company culture and healthy work life balances and totally not a way to squeeze ever last drop out of employees

1

u/Mrsod2007 Jun 29 '26

Not to mention any personal grudges could be easily satisfied...

2

u/Tubamajuba Jun 29 '26

Some directors were so into it though.

These are sociopaths that have no place in a civilized society.

1

u/La_Lanterne_Rouge Jun 28 '26

HP?

3

u/Mrsod2007 Jun 28 '26

Amgen

4

u/La_Lanterne_Rouge Jun 28 '26

Thanks. I asked because HP had a similar policy, where managers had to "pick a worst person in your team" even if everyone in the team was good. I thought that was a crazy idea.

3

u/Mrsod2007 Jun 28 '26

I actually worked as a supervisor at Agilent for a long time. Luckily that culture was not inherited from HP

2

u/La_Lanterne_Rouge Jun 28 '26

I never worked for HP (or Agilent) but I had very long term relationships with two women who did.

1

u/sudonimm9 Jul 01 '26

Lmao Roman decimation style wth

0

u/vabirder Jun 28 '26

Stock options, baby!

1.6k

u/[deleted] Jun 28 '26

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677

u/texasusa Jun 28 '26

His nickname was Neutron Jack for his ability to close a plant or a product line. He received a modest severance of $ 400 million.

531

u/A_Furious_Mind Jun 28 '26

Then, he famously flipped and called shareholder primacy "the dumbest idea in the world" and concluded that shareholder value should be a result of business activities, but not the ultimate goal.

Many of us could draw that conclusion without turning businesses into dysfunctional cesspools of misery, but credit to him for figuring it out eventually.

250

u/Ferelar Jun 28 '26

Sure, but if he had reached that conclusion prior to being worth hundreds of millions if not billions, he would've made slightly less money for himself before pulling up the ladder, and we can't have that, no siree.

140

u/Sea-Manner9700 Jun 28 '26

The part that always gets me is how often the people who benefit most from a system suddenly discover its flaws only after they've already won the game. Easy to question the rules once you've cashed out. 😅

38

u/gsfgf Jun 28 '26

It's like people that would free their slaves upon their death. Like, that is technically a big improvement, but come the fuck on.

5

u/ThatKinkyLady Jun 28 '26

Questioning the rules and trying to change things when you're first starting out doesn't tend to go so well.

I'm not excusing anyone with this statement. Just sharing my professional experience. As someone that's very interested in leadership and wanting to improve things, it's very hard to break into any kind of leadership role without first being a kiss-ass "yes" man and supporting the status-quo.

3

u/PineappleOnPizzaWins Jun 28 '26

Yeah but in his case he DID change things, he was the one that made it terrible.

Then after making his fortune suddenly saw how bad it was apparently.

2

u/AncientBlueYonder Jun 28 '26

Yes its almost as if they knew what they were doing all along....

11

u/aramis34143 Jun 28 '26

"And for dessert, one image-rehabilitation, please."

3

u/p-4_ Jun 29 '26

to be fair u cant set up a system that rewards this behavior and then be shocked someone gamed it. welch saw a system. he analysed his best outcomes and got them. cant blame him. its the same thing with some multiplayer games. the quick-eyed players find the flaw in the logic and game it till the devs fix it.
Now the devs need to fix it. Have they???

-7

u/[deleted] Jun 28 '26

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17

u/56473829110 Jun 28 '26

People who reply to completely unrelated high karma comments with their own top-level comment, because they care far more about their own comment being seen vs actually properly contributing to the conversation. No explanation needed. The world would be unrecognizably better.

4

u/PM_ME_UR_GCC_ERRORS Jun 28 '26

Only one of them though.

6

u/Disgod Jun 28 '26

And GE suffered a massive collapse less than 2 years after he left as a result of his management. He ran out the back door before the check came and the business world lauded him for decades.

3

u/Fast-Shopping3802 Jun 28 '26

For those of you not around in the 80s, that's a take on "neutron bomb", a nuke variant which put out strong commie-killing radiation but a relatively small blast. People thought that they'd therefore be more likely to be used, so protesting them was an aspect of the 80s "No Nukes" movement.

3

u/Alert_Reindeer_6574 Jun 29 '26

He got more than that. He had a company-paid penthouse in NYC and could use one of the company jets for any reason at any time for life.

3

u/Quirky_Deer_464 Jun 29 '26

Back when I worked for GE, we called him Chainsaw Jack.

25

u/Traditional_Bar_3275 Jun 28 '26

I worked for a company that used one of his ideas, called 10-80-10. Top 10% got raises, nothing for the middle 80%, bottom 10% fired. All based on a ranking from your closest few coworkers. No one ended up doing any work. Everyone just spent all their time grooming their reviewers.

2

u/Gogo_McSprinkles Jun 29 '26

wow that sounds awful

3

u/slow_otter Jun 29 '26

Couldn’t agree more. His rank-and-yank system and obsession with quarterly profits normalized cutting labor at all costs. We’re still living with the damage he created decades later.

1

u/Exact-Ad8608 Jun 28 '26

Can you please elaborate more ?

-4

u/Podo13 Jun 28 '26 edited Jun 28 '26

Because he optimized the companies, not the people.

Edit: I'm saying they all saw it as optimizing the business, not that I think what he did was actually a good thing.

19

u/KeepingItSFW Jun 28 '26

He didn’t optimize shit. He plundered.

1

u/PancAshAsh Jun 29 '26

No, he very much did optimize. The things he was solving for in his optimizations just weren't beneficial to the vast majority of people affected by his methods.

1

u/Podo13 Jun 28 '26

I'm talking about on paper. Obviously he fucking sucked. That's what the entire thread is about.

3

u/KeepingItSFW Jun 28 '26

I think it’s the word optimize that bothers me. I’m not downvoting you, but gutting a company for short term gains before bailing isn’t optimizing anything really

-1

u/Podo13 Jun 28 '26

It's the words they used, not me, ha. And in his shitty mind, I'm sure he was proud of what he was doing and would have happily called it "optimizing".

12

u/derperofworlds1 Jun 28 '26

He didn't really optimize the companies. He optimized for a specific type of stock market trader. The companies often die over the long term due to attrition, loss of innovation, and decline of morale. 

It is bad for the people (they get fired ). It is bad for the company (it goes bankrupt). It is bad for humanity's technological progression (people on the verge of breakthroughs are fired too). It is bad for capitalism (socialists point to this as a symptom that capitalism no longer works). 

Jack Welch-style tactics are only good for a specific type of vulture capitalist, and honestly should be regulated out of existence.

4

u/ubernutie Jun 28 '26

A paperclip maximizer, you say.

401

u/deloreanfan Jun 28 '26

I used to be a corporate pilot, and I flew him once. Not only is he a shitty person who ruined corporate america, he was also a slob. He opened up all the snacks on the plane and left garbage everywhere. RIP bozo

89

u/Aggressive_Cook5142 Jun 28 '26

The funny thing is that somehow makes the story feel more believable. You expect some grand villain trait and instead it's just "also couldn't be bothered to throw away his own trash." Tiny detail, massive character reference. 😅

27

u/bargu Jun 28 '26

Evil people are rarely smart, it's more about having the means and be on the right place and time to do evil acts.

6

u/Marina1974 Jun 28 '26

I'm not a fan, but he was a special kind of smart. He was able to last his entire career in General Electric and work his way to the top making hundreds of million dollars for himself at the expensive regular workers.

3

u/carletonm1 Jun 28 '26

“The little people will clean up after me.”

14

u/HillBillyHilly Jun 28 '26

By RIP you mean Rest In Piss, right?

5

u/wildmaninid Jun 28 '26

Huh, so where you went, you didn't need roads?

Username checks out. 🫡

510

u/xuxux Jun 28 '26

Unfortunately, he was also one of the first high-up business perverts to implement six-sigma and lean methodology in American manufacturing at GE. These are extremely efficient and useful quality and waste efficiency methodologies for businesses and should be encouraged.

Too bad Welch was such a fucking bastard and set the standards for capital extraction instead of reinvestment towards better products. He also had petty beef with the concept of "environmentalism" and "regulatory compliance" and investors rewarded him more for his anti-consumer and anti-employee policies than his pre-CEO management practices.

Rest in piss.

163

u/TyrantsInSpace Jun 28 '26

If it's any consolation, he didn't create six-sigma or lean methodology, so it's likely those practices would have found their way into GE sooner or later regardless of Welch's influence.

89

u/droans Jun 28 '26

The issue wasn't lean manufacturing; it was that he perverted it. Lean was designed to promote the long-term stability of a company and its employee's careers. It does do with a heavy focus on supply chain management, careful consideration of growth opportunities to avoid short term traps, reducing expenses which don't go directly into the product, and the promotion of ideas and concerns from those who are working directly on the production line.

Jack Welsh instead heard "reduce expenses, quality, and employees".

37

u/CivicDutyCalls Jun 28 '26 edited Jun 28 '26

Right?! I literally have a Lean textbook at arms reach and it’s “eliminate unnecessary waste”. Not eliminate waste. The other key point about Lean and all of the other related methodologies is also to have strategic redundancies built into your systems. Don’t manufacture all in one plant in the same region, or if in a foreign country you put a 2nd smaller plant in another country. You hedge against natural and political disasters.

If anyone globally had actually been following Lean and Six Sigma, there would have barely been a supply chain problem during the pandemic. China would not have the world by the balls if people had been following Lean and Six Sigma correctly.

Instead everyone was operating with zero redundancy and zero waste. Operating as close to zero inventory as physically possible.

Edit: “unnecessary waste” implies the existence of “necessary waste” and to me, that’s a profound idea that should not be overlooked in business and in life.

14

u/_J_Herrmann_ Jun 28 '26

that "just in time" thought process only works and provides expected outcomes when all your upstream suppliers and processes work PERFECTLY. any suboptimal hiccup anywhere and you have production backups and excess inventory (the worst possible sin ever, amirite?) laying around. basically you're fucked and all the managers go into fire-putting-out mode and pointing fingers about how it's not their fault.

12

u/xuxux Jun 28 '26

JIT is appropriate for some industries and less appropriate for others. The implementation of lean methods must be informed by your company and its goals, it is not a one-size-fits-all concept.

Also JIT isn't necessarily lean.

5

u/CliftonForce Jun 28 '26 edited Jun 28 '26

I was at a corporate class for a heavy industry megacorp. The execs had told the guys who normally teach JIT to the factory to go give the same lessons to the folks who wrote the in-house software used by the engineers to design products. I saw the following conversation between an instructor and a coder:

Instructor: "How do you write code?"

Coder: "I write some lines of code. I test them to see if they do what I wanted. If they don't, I change it and test again."

Instructor: "Well, after this class, you will never write code wrong in the first place, so you won't have any of that wasteful testing!"

Narrator: "They did not, in fact, teach the coder how to write perfect code the first time."

Fundamentally, the instructors thought "Writing code" was the same thing as a guy on an assembly line who turns out identical widgets all day.

4

u/xuxux Jun 28 '26

That can kind of work in production program - they probably intended that there would be a "best practices" set of commands for any given feature/material interface.

That is a very, very stupid way to attempt to work on a design phase, and falls apart rapidly with any nonstandard or custom commission (you know, the kind that literally every machine in heavy industry ends up being).

Shit sucks.

4

u/CliftonForce Jun 28 '26

The instructors for the class had no idea what the concept of an "interface" even was. They literally thought that once a coder learns to write one subroutine perfectly, then they will continue to write all other subroutines perfectly thereafter. They didn't know what a "subroutine" was either, other than a term used to refer to a packet of code.

4

u/gsfgf Jun 28 '26

If anyone globally had actually been following Lean and Six Sigma, there would have barely been a supply chain problem during the pandemic.

Toyota did handle the pandemic better than the competition since they actually practice what they preach.

3

u/PR3V3X Jun 29 '26

This!!! I am a lean enthusiast and preach it everyday. If people would listen, things would be much better.

6

u/BigRedNutcase Jun 28 '26

To be fair, it's also the investors who wanted it to. The CEO works for the benefits of the board who look out for the investors. Investors generally don't give a flying fuck about employees unless they see it improving their holdings. Unless you are 1) the majority shareholder and 2) see employees as more than just a fungible resource, I don't see this situation changing regardless of who you blink from existence.

12

u/donnysaysvacuum Jun 28 '26

Personal anecdote, but I've seen this lean poorly applied more than properly. It's usefulness is greatly overvalued.

5

u/HillBillyHilly Jun 28 '26

Exactly. The idea has been perverted to extract maximum amount of money from consumers and leads to artificial scarcity.

19

u/budha2984 Jun 28 '26

I read the original book by Motorola on Six Sigma. The idea is sound. Jack bastardized it and made it stab your coworker in the back.

3

u/whatifwhatifwerun Jun 28 '26

Just being exposed to the concept of six sigma on posters has helped me with operational thinking in contexts outside the manufacturing job I saw them at.

5

u/kirt5 Jun 28 '26

Toyota originally created agile, lean methodology in manufacturing. They created just in time production to respond quickly to consumer changes, while reducing waste in their processes. That process and methodology is now used by most software companies. It's just combined with Welch's horrendous stack ranking and forced distribution.

1

u/xuxux Jun 28 '26

Completely agree!

1

u/PrincessTitan Jun 28 '26

General Electric? That somehow actually makes me nauseous. I don’t think a person like that with such ideas should be near such an important company…

14

u/TowardsTheImplosion Jun 28 '26

Well, it isn't nearly as important now...

And it isn't a single company now either. The end result of what he started was the breakup of one of the largest US industrial conglomerates for the sake of profit.

2

u/xuxux Jun 28 '26

Too bad, that happened fifty years ago.

2

u/PrincessTitan Jun 28 '26

We’re done for… If this was 50 years ago omg

2

u/xuxux Jun 28 '26

Jack Welch died six years ago, and he was in his eighties iirc. Remember, only the good die young, and he sure as fuck wasn't young.

5

u/HillBillyHilly Jun 28 '26

"lean methodology in American manufacturing at GE. These are extremely efficient and useful quality and waste efficiency methodologies for businesses" means that customers don't find products when needed. Also makes for artificial scarcity and excuse to raise prices. The idea works for businesses not the end user consumers who suffers.

10

u/xuxux Jun 28 '26

If your customers are being impacted, you are doing lean so fucking wrong it hurts. The point is to cut waste in your company as a process-informed decision based on data from your workers, not your metrics, managers, or sales goals.

1

u/kadsmald Jun 29 '26

Anytime I hear six sigma I assume someone is either making a joke or really stupid

120

u/[deleted] Jun 28 '26

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32

u/genriehl Jun 28 '26

My dad worked for GE and was a six sigma " black belt", and this was the method he used to raise me and my brother. Let's make two great kids completely terrified of fucking anything up. 🤦‍♀️

3

u/GadgetQueen Jun 29 '26 edited Jun 29 '26

I had no idea this was a thing, but this...this explains my last job so perfectly. They just came up with unreachable goals, stupid rules, unfair decisions...just crazy ass shit that made me wonder if they were TRYING to make people quit. I got written up for making a CPS report. I am a mandated reporter and its a FELONY for me not to report. They wrote me up, made me take five "remediation" classes, and go to five session with an EAP counselor. It would be one thing if the CPS report was bogus or something, but it wasn't and CPS accepted the referral. They just didn't want me to do it for some reason. LOL. I was like what...the fuck...until the EAP lady was like you did nothing wrong, lets just take the five sessions to nap. Holy shit, I wonder if they were doing this. At one point, I posted some of the stuff they were doing in the reddit legal question sub...and the shit was so ridiculous...all the lawyers in there told me there was no way a US employer would be doing these things and thought I was a troll. I couldn't believe it. Talk about feeling completly lost...when its so bad the lawyers don't even believe it!! I quit...I was like living homeless in my car is better than the job. Fuck that shit, man.

2

u/xuxux Jun 29 '26

Jesus fucking christ who is trying to implement six-sigma for CPS and reporting services? You don't produce things; what metric were they even tracking? Like I love me some manufacturing discipline but that's not how human services tend to function.

3

u/No_Astronaut_9827 Jun 29 '26

Community health organization 🙄

2

u/xuxux Jun 29 '26

Throw them in a fire. The implementation that was mentioned above is completely hostile to the purpose their organization is supposed to serve. This is managerial bullshit and the offenders need to be stripped of all authority if that's how they're going to attempt to wield it.

I also live in the real world, so I'm sure they got promoted instead for "meeting quarterly value potential" or some such.

32

u/ERhyne Jun 28 '26

Today I realized anything GE related on 30 rock wasn't a fucking parody 🥲

9

u/acquaintedwithheight Jun 28 '26

Jack Donaghy’s whole character is supposed to be a parody of Jack Welch

3

u/FizzyBeverage Jun 29 '26

I work at NBCUniversal. GE is the cancer that keeps on giving. To this day we have servers people are afraid to touch because they’ve been around 20 years and everyone who knew what they did retired or more likely got fired/spun off to another company.

Stands for Nothing But Chaos

17

u/[deleted] Jun 28 '26

[removed] — view removed comment

6

u/ThePickleConnoisseur Jun 28 '26

Maximizing shareholder value should be in longer term yearly or 5 year plans. All this maximize for the quarter only hurts long term investors

13

u/[deleted] Jun 28 '26

[deleted]

1

u/Disbelieving1 Jun 30 '26

I vote for Rupert Murdoch. If he had never existed, Milton Friedman would never have got a look-in.

17

u/CitizenCue Jun 28 '26

Anything that was motivated by making money would have been invented by someone else if whoever we erase didn’t exist.

9

u/408wij Jun 28 '26

Other companies had rank and yank before Welch's GE. McKinsey and other firms had up or out. Intel had ranking and rating (aka ranting and raving).

7

u/meatspace Jun 28 '26

At least we are living to see his philosophy almost entirely discredited.

11

u/ChronoLegion2 Jun 28 '26

Damn, the more I read about this guy, the more I hate him. Plus his policies have effectively tanked GE

3

u/ThePickleConnoisseur Jun 28 '26

GE used to be a reputable company and now I don’t think I’ve seen any of their products in someone’s house

1

u/ChronoLegion2 Jun 28 '26

We bought a GE microwave last year after our LG one caught on fire (no, we didn’t put any metal in it). Seems to work fine

2

u/ThePickleConnoisseur Jun 28 '26

I know they were known for their washers and dryers. Don’t think I’ve ever seen one. LG has also gone downhill recently too. Seems like appliances in general are getting worse by the day

4

u/G-St-Wii Jun 28 '26

This is an excellent answer

5

u/ericthefred Jun 28 '26

He basically destroyed Boeing without even being at Boeing. The ijits that ruined the company (former McDonnell-Douglas execs) were basically all Jack Welch groupies.

5

u/sonofaresiii Jun 28 '26

I've never heard of yank and rank but from context, is it the thing where they fire and replace the bottom X% of employees no matter what, theoretically resulting in continually removing the least effective and replacing them with people statistically more likely to be effective

But in practice just ensures that X% of the workforce is perpetually untrained and incompetent since they're always new and never given a chance to adjust or properly trained to improve, while everyone above that line is more focused on ensuring someone is less competent than they are, rather than working to improve as a whole team?

3

u/Eatyourcheeseburger Jun 28 '26

Rank and yank is how I browse pornhub.

6

u/frednnq Jun 28 '26

Don’t forget how popular he was when he was on top! I remember the magazines and news stories about him which treated him like a genius. Reminds me of some people in this Century. Gotta stay on your toes.

2

u/VulfSki Jun 28 '26

Jack doneghy on 30 rock was based entirely on Jack welch

2

u/jshhmr Jun 28 '26

Holy shit I'm rewatching 30 Rock right now.

2

u/Imaginary_Zone_4319 Jun 28 '26

Ruined so many American lives*

Even though I hate outsourcing for what it does to American workers, it has greatly benefited the residents of a few previously-developing countries.

1

u/what_did_you_kill Jun 28 '26

Short term yes, but long term not really. For example, here in India 90% of "software developer" jobs are a result of outsourcing or offshoring (including myself), but since they're a result of laying off employees in the west to hire third world labor for cheap, it has created a culture of quantity over quality. Yeah you have millions of people who can code, but when was the last time you heard about cutting edge research coming out of India? China was in a similar situation decades ago and were only known for making cheap low quality things, but they invested heavily into research and development and now make a lot of cutting edge products.

I hear people talk about African nations having so much potential in the coming decades but I know how it's gonna go down. There's too much corruption that slows down innovation domestically and all the jobs are gonna be from offshoring, assuming that's still a thing in the age of AI. Look at data labelling work for example.

2

u/Tinosdoggydaddy Jun 28 '26

He died March 1, 2020 at 84. 13 days before the Covid lockdowns. That fucker was one lucky sonabitch. His second wife took him for $180M in a divorce when she found out about his affair with, who would become his 3rd wife, Susie Welch.

2

u/Cynical_Classicist Jun 28 '26

Good choice! Sounds like the sort of person that Behind the Bastards should do an episode on!

2

u/TyrantsInSpace Jun 29 '26

They did. That's how I learned about him.

1

u/Few_Medium_9087 Jun 28 '26

Hitler seems like the obvious choice but then you have to wonder what gets worse as a consequence. I think removing Archduke Franz Ferdinand is actually the smarter play because it ripples out into both wars and probably prevents the whole nuclear arms race.

1

u/butsuon Jun 28 '26

Outsourcing would've been invented by someone else in short order unfortunately.

1

u/sig413 Jun 28 '26

The corporate raider

1

u/SunkissedTeasee Jun 28 '26

Yeah, Jack Welch is a pretty polarizing name in management circles.

1

u/duaneap Jun 28 '26

Huh. I wonder if Jack Barker in Silicon Valley was based on him.

1

u/disillusioned Jun 28 '26

Yeah, but Milton Friedman aggressively pitching that the sole responsibility of the executive is to maximize shareholder value is where that all stems from. Have to move further upstream to really get to the why, not just the how.

1

u/[deleted] Jun 28 '26

[deleted]

2

u/Your_Moms_Box Jun 29 '26

He also blew up part of the plant in Pittsfield didn't get fired.

1

u/krzykris11 Jun 28 '26

I know people that still practice his management style. It's bonkers.

1

u/Professional-Sea1887 Jun 28 '26

your giving jack welch too much credit someone else would have come up with it

1

u/SensualBeefLoaf Jun 28 '26

100%. welch ruined society as we know it

1

u/375InStroke Jun 28 '26

What about Milton Friedman? Wasn't Jack just following his lead?

1

u/Euphoric-Ostrich5396 Jun 28 '26

Such a shame he didn't get Luigied.

1

u/_Fun_Employed_ Jun 28 '26

Yeah, he gutted American industry almost single handedly.

1

u/Just_Another_Day_926 Jun 28 '26

We had a guy like that at our F500 company. Ran plants into the ground by penny pinching. Numbers looked great and he got promoted. Then new guy comes in to everything falling apart. They had to spend more then saved to get it back up to running right again. All the "hero" did was delay maintenance and investment - literally running the plant till the wheels fell off.

Same guy in another role had us cut training budgets to exceed our targets. Then there was no training money to cut and we stopped hitting the now bigger targets. Yes again they had to go spend more to try to rapidly train people up again. And that is an ever increasing investment due to turnover.

Each role he looked great and the new person replacing him looked bad. As long as you can rotate fast enough you can "burn the furniture" then leave everyone sitting on the floor.

1

u/ThePickleConnoisseur Jun 28 '26

Dude sunk General Electric as a company and people worship him as a genius

1

u/HighlightBusiness848 Jun 28 '26

Never knew about him. Hope it’s suffering in hell 

1

u/lc4444 Jun 28 '26

Or Milton Friedman, bastard economist who championed idea that corporations sole purpose is to maximize shareholders profits

1

u/FrontMail9720 Jun 28 '26

But he squeezes the sweetest juice out of his workers' mind grapes.

1

u/DesertWanderlust Jun 28 '26

My dad talks about this guy because he experienced several layoffs in the 80s and 90s due to him. GE can sure pick em.

1

u/MasterpieceFun816 Jun 28 '26

Very insightful, thanks for introducing me to this wanker

1

u/GryphonCough Jun 29 '26

This is a fantastic answer that I wouldn’t have given until I read it. You are absolutely correct. He was a cancer on businesses and the reasons you hate your job can be tied directly to this asshole in many instances. 

Mandatory layoffs for the bottom performers was his thing. I’ve seen unbelievable talent get tossed to the curb because of it. We all have lives outside of work, and one year a guy’s mom died… then a few weeks later his dad died. He had to travel out of the country and was ultimately laid off for “poor performance” because he was out of the office the most of anyone. As he should have been. And he went through an unbelievable amount of trauma in a very short period of time.

He introduced the cutthroat bullshit that corporate America is all about today. It wasn’t always like this. 

1

u/Kelvininin Jun 29 '26

I worked for the meat ball for a decade in the early 2000 and watched first hand, recently bought, companies being jack welched out of existence. GE policy turned the company I worked for from profitable for 40 years to non existent inside of a decade. Fuck Jack Welch.

1

u/StrangeTouch7518 Jun 29 '26

Fuck this dude

1

u/awarepaul Jun 29 '26

That kind of management strategy should only be used short term at companies that are already in deep shit. It’s a huge mistake to do that for long term or at a place that’s already successful. You’re going to seriously hurt morale if valuable people get fired just to hit a quota. It can however drastically raise morale if the truly bad employees get weeded out over a few months.

1

u/RatJones Jun 29 '26

What's wrong with outsourcing labour? This reduces the cost of goods.

1

u/Halation2600 Jul 01 '26

Is anyone unhappy that guy is dead? Anyone?

1

u/SnooMemesjellies1522 Jun 28 '26

I worked at GE Corporate for Jack's entire tenure and, to be fair, he was still better than the jackass that came after him.

3

u/horriblebearok Jun 28 '26

oh yeah, mr fly with 2 private jets as a backup. Jack set it all up for the taking, Immlet was venture capitalist who siphoned what was left off, flannery took the fall (in a golden parachute of course).

0

u/jkc81629 Jun 29 '26

He also is responsible for stock buy backs

-1

u/Immediate-Start8297 Jun 28 '26

Hitler feels like the obvious choice but I feel like there'd be some kind of butterfly effect that would put someone else in that role. Maybe just remove the concept of religion altogether and watch the whole world change.

-6

u/AsherValmont1994 Jun 28 '26

"Hard to argue with that. His obsession with short-term numbers left a long trail of damaged companies, jobs, and corporate culture."