Here are the "job creators" the GOP is protecting

[liberal N proud]

CEO's who became JOB KILLERS

Like the 10 most wanted list and their rap sheets...

Al Dunlap, Scott Paper


"said in a 2006 interview with PBS. "I got rid of 35% of the people"


Jack Welch, General Electric


Welch's management was largely defined by his annual purging of what he saw as the bottom 10%.
(I work for one of his former Apprentices, every year 10%)

Frederick Henderson, General Motors


Between November 2008 and April 1, 2010, GM laid off more than 75,000 workers. When the impact on dealerships is taken into account, more than 100,000 people lost their jobs during this period.


Vikram Pandit, Citigroup


reduced the workforce by 75,000 through layoffs and buyouts.


Louis Gerstner, IBM


more than 60,000 employees were eliminated in 1993, the year he took over


Kenneth Lewis, Bank of America


During the financial crisis, Lewis slashed the company's workforce by nearly 10%, or 35,000 people


Mark Hurd, Hewlett-Packard


More than 24,000 Hewlett-Packard employees were fired on Sept. 15, 2008, a day that lives in infamy because of the Lehman Brothers collapse.


James Owens, Caterpillar


27,500 layoffs between 2008 and 2010


Ivan Seidenberg, Verizon Communications


reduced its payroll by more than 21,000 workers between 2008 and 2010.


Jeffrey Kindler, Pfizer


Nearly 20,000 Pfizer workers lost their jobs during Kindler's brief reign. He resigned in 2010


Full story and details at link: http://money.msn.com/investing/ceos-who-became-job-killers-thestreet.aspx?cp-documentid=6834878>1=33002

[OneGrassRoot]

1. Here are two more "job creators":

Granted, many of the jobs are in the realm of quasi-servitude but, hey, we should support our job creators!!!!

:sarcasm:

[liberal N proud]

2. I don't see the picture

It may be my PC though!

[OneGrassRoot]

3. Darn....

It's Paris Hilton and Kim Kardashian (sp?)

;)

[Skidmore]

6. That needs to go viral. Package it up and

I'll help disseminate it.

Whoops, meant to go under OP.

[OneGrassRoot]

7. I did on FB last week. :)

with this blurb: "Have pride in our job creators! Be a patriot - support tax breaks for the wealthiest among us!"

:hi:

[Skidmore]

11. How do I find on FB?

I tried searching the blurb but got nothing.

[OneGrassRoot]

14. Oh, I'm sorry....I only did it on my wall

I guess the only way to make it viral is to create a page devoted to it?

Feel free to, if that sounds like a good idea to you. :)

Are we "friends" on FB? I completely suck at remembering "real" names and matching them with DU monikers.

I'll PM you.

;)

[populistdriven]

62. this deserves its own facebook page

[onyourleft]

4. Isn't that a...

...swarmy-looking bunch?

My real question is: If Jack Welch purged 10% of his employees every year, why would anyone go to work for him?

[liberal N proud]

5. You don't know that about companies when you are young

and needing a job.

As for me, the guy came here after being purged from GE and still believes in the use of the policy.

[onyourleft]

10. Haven't we known...

...about Jack Welch for a very, very long time? I don't remember the year I became cognizant of his policies, but I was young (and I'm old now). Wasn't he one of the first touted in the media for his "great management skills" because of his purging?

Disclaimer: My original question was not directed at anyone but rather assuming that I personally would have been in the 10% the first year. :)

[sulphurdunn]

27. They didn't call him Neutron Jack

for nothing. The expression comes from his likeness to enhanced radiation nuclear weapons. They were designed to kill the maximum number of people and to do a minimum amount of damage to property.

[JDPriestly]

52. Yes. It was quite some time ago.

[rfranklin]

8. Why do people join the SEALs?

I think their purge rate is much higher.

[Bluzmann57]

12. Because a SEAL is heroic?

And a GE employee is an employee? Just a thought.

[rfranklin]

16. Many MBAs think of a job at GE as a great distinction...

People in the business world have their own heroes.

[Name removed]

13. Deleted message

Sub-thread removed by moderator. Click here to review the message board rules.

[90-percent]

9. purging 10% a year

Just think of the INTERNAL COMPETITION such a policy would create!

You could insure your inclusion in the top 90% by outstanding job performance in all areas, or, if you're a weasel, you could spend your work day sabotaging your fellow employees. So, I consider this a policy that insures backstabbing, self promotion and infighting.

I wonder about the quality of work from employees preoccupied with getting their colleagues FIRED!

-90% Jimmy

[liberal N proud]

21. I could tell you stories

We just recently went through the annual purge. Everyone knew about when it was happening, some even knew they were on the list.

You don't get anything done those days, you just sit there in your office and hope the phone doesn't ring or someone doesn't knock on the door.

It is hell.

[MadinMo]

22. Been there, done that.

I was one of the purged.....

It literally makes me sick to look at these pictures..... corporate bigwigs all seem to have the same look.

[onethatcares]

33. I can see them all, yeah they haunt my dreams

all lily white and squeeky clean.

Check out "we can't make it here anymore" by James McMurtry.

It's an eye opener.

Thanks for putting the faces to the numbers.

[juajen]

66. Is this a book? More info please.

[onethatcares]

68. no, it's a song by James McMurtry

you can check it out on youtube I guess.

[PVnRT]

28. Because people need jobs, even bad ones

[NewJeffCT]

61. because everybody thinks they won't be in that bottom 10%

they probably think "Hey, I only need to be average" to survive

[HughBeaumont]

15. Job Cremators.

Short-term (and very privatized) gain, long-term pain.

How did all these surprised m'er f'ers THINK this was going to end?

[many a good man]

17. +1

[Ishoutandscream2]

31. LOL! Brilliant, Hugh!

[Brigid]

40. "Job Cremators."

You definitely get a Brigid DUzy for that one.

[Octafish]

42. +3

Outstanding phrase, yours, Hughsan.

[Whisp]

18. Fugly looking bunch.

[OneGrassRoot]

19. For Facebookers, here's a Page:

SUPPORT OUR JOB CREATORS

:hi:

[dog_lovin_dem]

49. I love this!!

Just "liked" and will share with my friends!

[nashville_brook]

20. k and r

[Cracklin Charlie]

23. Nicely done!

Clear and concise. With pictures!

[kooljerk666]

24. GE to move X-Ray team from Wisconson to China........no jobs lost?!?!?!!???

http://news.yahoo.com/ge-moving-x-ray-leadership-team-us-china-085549888.html


""She said "there is certainly the opportunity" to move other GE Healthcare units to China, but that is "something that we will continue to evaluate."

The move involves LeGrand and a handful of her top managers. In an interview, she said they will add other people to the team as they expand in China, but no jobs will be lost.""

Well they ain't creating any either.....

So "Job Creators" fails the sniff test again.

[Brigid]

41. Notice that she didn't say . . .

"No jobs lost . . . here." Important detail.

[KatyaR]

45. "No jobs lost..."

they're just moving somewhere else....

[midnight]

48. After Walker policies there will be no distinction between the two..

[jmowreader]

71. Appropriate Bobcat Goldthwait joke here

"And then I lost my job...no, I didn't LOSE my job. I know where my job is, but when I go there, there's this new guy doing it."

[caraher]

25. I'd love to force them to take the "job creators" thing seriously

Imagine this challenge:

"You tell us we shouldn't tax "job creators" because you implicitly agree that job creation should be a top priority. Fine. Let's take this idea seriously and raise taxes on people who are merely rich, but give huge tax breaks for documented job creation and tax hikes for job cutting."

Yeah, it would be a nightmare to make such a system actually work, but since they're bluffing about this "job creator" business anyway that hardly matters...

[peace frog]

60. Hell yes, they create jobs!111!

Overseas! So there!11!

[caraher]

65. Good point...

obviously one would need to specify *US* jobs! :)

It would be good to scale the break to the wages and benefits provided, too...

[krispos42]

26. Big K&R n/t

[izquierdista]

29. Here's a question for the knuckle-draggers

Know a right-winger who LOVES to play the Lotto? MegaMillions? Powerball? If you do, you know they love to think of what they would do with all that money. All that money! Now that they are in the right frame of mind, ask them "how many people are you going to hire?" After they give you a confused look and admit "well.......no one", you can smile and say "just like all the other 'job creators'".

[liberal N proud]

30. I like that!

[The Wizard]

32. Scumbags (NT)

[KittyWampus]

37. Sociopaths.

[TheBigotBasher]

34. They all probably pay far less tax than their secretary as well.

[tishaLA]

35. Their compensation packages are even more scandalous

Look up Ivan Seidenberg for just a hint of how infuriating it is.

[Brigid]

43. I just can't do it. I don't dare.

They just don't make a blood pressure med powerful enough to keep me from having a massive stroke if I do.

[Brigid]

36. Please take careful note, if you will, of the color an gender of each and every one of them.

And as for Jeffrey Kindler, a Pfizer plant closed here during his brief tenure. Hundreds of jobs lost in an area where every last one is precious. Thanks a lot, Kindler. May you rot in hell. :grr:

[bertman]

38. It would be interesting to see the correlation between the number of jobs CREMATED

and the rise in pay of the CEO.

Thanks for the post, liberal N proud.

REC.

[Romulox]

39. GM's Fritz Henderson was appointed by President Obama's Automotive Task Force

Jeff Immelt, CEO of General Electric since 2001, current serves as the head of President Obama's economic task force. :hi:

[Shandris]

44. Amazing to me how similar they all look.

It's like Attack of the Clones up in here.

[Maru Kitteh]

46. K & R.

[av8rdave]

47. Just imagine how many jobs would have been lost if these people didn't have their tax breaks!

:sarcasm:

[Dawson Leery]

50. It is time to give them a huge raise,

A huge tax raise that is! Take that money and let the government invest in infrastructure.

[JDPriestly]

51. Is that most likely over 400,000 people in all?

Wow! How cruel!

How many of the jobs were just eliminated?

How many were outsourced?

How many are being done by computers or other automated equipment?

Why do we have any immigration at all?

I'm not anti-immigrant, but it sounds like we don't need more workers. We just need more jobs.

[indurancevile]

53. Since 2009, 88 Percent Of Income Growth Went To Corporate Profits, 1% to wages.

http://thinkprogress.org/economy/2011/06/30/258388/corporate-profits-recovery/


The biggest drag on job creation, both in this recovery and over the past decade, has come from the largest companies, those with 500 or more employees. That’s especially true for big multinational corporations, which employ about one-fifth of all American workers and pay higher average wages than other U.S. companies, according to a study by the McKinsey Global Institute. Payrolls at these large firms have edged up in recent months, but are still below where they were when the recovery began. More important, since 1999, U.S. multinationals have been shrinking their payrolls in the U.S. while beefing up their overseas workforces, according a recent report by the Bureau of Economic Analysis (BEA).

Between 1999 and 2009, these large global corporations pared 2.9 million workers from their U.S. payrolls while adding 2.4 million jobs at their foreign affiliates.

http://www.thefiscaltimes.com/Columns/2011/05/09/Multinationals-Dump-US-Workers-for-Foreign-Labor.aspx#page1


While the sales of the Top 200 (corporations) are the equivalent of 27.5 percent of world economic activity, they employ only 0.78 percent of the world's workforce.

Between 1983 and 1999, the number of people employed by Top 200 firms grew 14.4%, an increase that is dwarfed by the firms' 362.4% profit growth over this period.

A full 5 percent of the Top 200s' combined workforce is comprised of Wal-Mart employees.


http://www.ips-dc.org/reports/top_200_the_rise_of_corporate_global_power

[defendandprotect]

54. kr

[FreakinDJ]

55. and HERE is WHAT they are protecting

[liberal N proud]

64. Exactly

[JohnnyRingo]

56. 7,500 people. That what we're protecting.

That's how many taxpayers represent the top 2% of wage earners.

Sure, they have spouses and children. Perhaps they have grandchildren who depend on that WalMart income or the futures of oil commodities, but if we tax them at an extra 3% their life won't change an iota. Not one sliver of hardship that will show through the generations.

Eat the rich.

[Zookeeper]

57. Excellent post. Thank you!

I'm so sick of wing-nuts who use the "job creator" meme, along with the Ayn Randians who claim these people should pay less in taxes because they are "productive."

[RoccoRyg]

58. I hear it

An old girlfriend was one of the ones laid off from Caterpiller. She had a job and apartment in Peoria she worked very hard for, and then they had to cut her out. I feel bad for her still.

[Glimmer of Hope]

59. Excellent post!

[sendero]

63. If tax cuts for the rich.

.. created jobs we'd be swimming in them right now.

Yet Boner and his crew continually spout this bullshit and I've only heard of ONE, exactly ONE Democrat (Franken) refute this brazenly idiotic point.

Yes, our party is working for US!

[juajen]

67. These people all look like their missing something. Souls!

[Jim_Shorts]

69. I have a wet dream

where something like this debt crisis escalates and these slimy pond-scum of human waste lose all their gazillions in a stock market meltdown and we take over the businesses that we (yes we) have built and throw their asses out on the the street.

None of these guys ever had an original thought in his life, they just scare, fire and outsource to increase share prices for themselves and their friends and contrary to what the media says they don't create jobs, they destroy jobs.

[City Lights]

70. Scum-slurping slugs.

Every one of them.