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Part Two: Jack Welch Is Why You Got Laid Off

Behind the Bastards

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Welch's Fight With His Journalists

In 1993, Jack Welch goes through one of his regular mass layoffs and reappointments. He picks a new manager for CNBC, his business news channel. You want to guess what this guy's name was? Come on. No, my dirty dick. Slurpee, slurpee, McLean. I'll give you another hint. It's Roger Ailes. This is the guy who starts Roger Ailes's career. And it's not going to be the last time that Welch has a fight with his journalists.

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