Consistent, massive layoffs do not make you a good business dude (sorry)

Layoffs should not be considered "strategic." While they save a company money, they do a bunch of harm. Can we realize that yet?

There were lots of tributes to Jack Welch in the online ecosystem recently, as he passed away this week. In many ways, he's considered the executive of the 1980s. In many other ways, he was terrible and probably set GE up for the fall they are currently in -- he got them to about a $410B market cap, but they're sub-$100B now and he made a lot of questio…