3min chapter

Behind the Bastards cover image

Part Two: Jack Welch Is Why You Got Laid Off

Behind the Bastards

CHAPTER

The Hardest Boss in America

By the mid 1980s, Jack Welch was the most celebrated CEO in the country. He's drawn attention away from thoughts like what does this business do or make? Is it useful? And drawn it to, you don't have to worry about that. In 1987, we have this thing called Black Monday, which is like one of our, our mini great market collapses. Tom Brokaw gives a report on the nightly news about how bad the damage was going to be. This is a serious problem. The number was 40. Now it's 41. Yeah. It's something else. But he also gets very frustrated because he realizes like owning a news company doesn't mean you can force

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