Here are the "job creators" the GOP is protecting [View All]

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