[pepsi_junkie]

I started my career at RCA which got bought by GE aerospace right around the time I started and my experience was different. GE, under Welch, came in and the first thing they did was go into our factory and rip out all the specialized equipment and sell it. We were left with no internal capability. Then they slashed R&D and Bid and Proposal money to zero so we stopped bidding on things. Then came the layoffs, starting with the marketing people and flowing down to everyone else. Everything they did from start screamed "look how much money this division is making, come buy it but don't look too close because we made it an empty shell".

Word on the street was that Welch wanted RCA just to get NBC and always planned to strip mine the defense business and sell off the empty husk, which is what happened.

Neutron Jack came from the old adage that when Jack comes to your plant after he leaves all the buildings are still there but the people are gone.

[IrishBrigade]

‘GE, under Welch, came in and the first thing they did was go into our factory and rip out all the specialized equipment and sell it.’

I was with RCA for a period of time, including when this happened...our plant in Lancaster Pa. was referred to as a ‘popcorn stand’, and such was not looked upon kindly by those who’d spent a lifetime under the Nipper banner...