GE The Long Slow Death....

The long slow death of GE.

They were going to outsource their way to greater riches but it has all gone downhill.

GE is the worst performing stock in the Dow Jones......despite the stock market breaking records.

Their rock star CEO (Jeff Immelt) ran out the exit door.

The new guys only idea is to liquidate assets. If you can’t innovate then sell, sell, sell.

GE already sold off their appliance business. They sold off GE Capital. They sold off most of NBC universal.

Now their new idea for growth is to sell off Transportation, and Healthcare.

At some point there will be nothing left to sell.

How to run one of the great American companies into the ground…….

https://www.reuters.com/article/us-ge-divestitures/ge-explores-divesting-its-transportation-healthcare-it-businesses-sources-idUSKBN1CV2NU