this post was submitted on 22 Mar 2024
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That is all they teach.
Jack Welch is seen as MBA-Jesus and they all strive for similar stockholder returns as to what happened under him with GE. If you want a good read, GE under Welch is the OG enshitification story. He took a juggernaut of a company and completely destroyed it for short term shareholder gain.
Now it’s just a shell of its former self, but those guys at the top sure made alot of money.
Screw Hitler. If I invent a time machine, Jack Welch will get a tommy gun to the back of the head before he can lay off one worker, or gut a single workers protection.
Edit: autocorrect got me