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263 points mooreds | 4 comments | | HN request time: 0.213s | source
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vasco ◴[] No.45421683[source]
Ok, which companies has it killed? At least one example?
replies(1): >>45421701 #
1. jeron ◴[] No.45421701[source]
many companies are walking corpses - see GE
replies(3): >>45421728 #>>45421857 #>>45430606 #
2. lotsofpulp ◴[] No.45421728[source]
This GE?

https://companiesmarketcap.com/general-electric/marketcap/

https://companiesmarketcap.com/general-electric/earnings/

https://www.macrotrends.net/stocks/charts/GE/ge-aerospace/pr...

Certainly not in the top tier, but doesn't seem like it is at imminent risk of failing.

3. vasco ◴[] No.45421857[source]
And the sun looks yellow, but maybe back to the topic, is there an example of a company which was killed primarily by not hiring juniors?

Its like I asked of examples of burn victims and you told me "steve has the flu".

4. missedthecue ◴[] No.45430606[source]
GE today is not the GE it was 5 years ago. They have really paired down the company. They spun off finance, sold healthcare, and got out of energy & power. GE today is essentially just an engineering company in the aerospace sector, and they've paid down $100B of debt since 2018.

Today they're sitting on $10B in cash and do another $10B in free cashflow annually. Not very corpse-like!