The Man Who Broke Capitalism
Slate Money
00:00
Jack Welch's Performance Review Strategy
Jack welch would aggressively fire people, not just in bad times, but also in good times. Adam newman was doing this we worked when he had ten billion dollars in the bank. Elmer at micoseft, it was balmer and adam newman. He still thought it was a good thing to fire 10 % of the workers every year, just for shits and giggles, except he fired 20%.
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