Susan Solovic
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  • Posted on May 18, 2016
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Should You Fire 10 percent of Your Employees?

By John Tschohl Jack Welch, the former chairman and CEO of General Electric, offered this advice for improving a company: Fire 10 percent of your workforce every year because their replacements would result in an annual upgrade of the workforce. Welch’s HR policy categorized the entire workforce, using a classic bell curve, into the 20 […]

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