re: #212 Gus

Welch can’t take the heat: I quit
By Stephen Gandel, senior editor October 9, 2012: 12:43 PM ET
The former top GE executive says he will no longer write for Fortune following coverage of his jobs conspiracy tweet.

I remember angering a Welch groupie once. She loved that, or so she claimed, he’d fire 10% of his workforce every year. “It was good to get rid of the deadwood.”

“Soviet management methods don’t work very well,” I told her. “They would often do much the same, except they had a different method of firing people.”

She really didn’t like that comparison.