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GENERAL ELECTRIC

20 November, 2015 - 17:25

General Electric's success is attributed to the company's "unloading" of the RCA television and audio equipment business to France's Thomson, for a sum estimated to be between $500 million and $1 billion. Another factor was controversial CEO Jack Welch's slicing of the human resource factor by one half, from 200,000 to 100,000 employees worldwide. 1