They are just not smart enough to not say it out loud. Immelt's got us into a bad situation but we can't do anything about that now. They do need to reduce cost but should start with all the interns and leadership programs.
Noble effort but we need to focus on experienced employees that work there way up through the ranks. Next they should layoff those that just don't fit in this social media controlled business model. I am one of those but i stick around to see if they can offer up separation pay for those that they screwed.
Finally the biggest layoff's should be the EP level. For the most part EP's can't motivate and lack domain knowledge necessary to turn things around. I know there may be some innocent let go but we just need to pull the band-aid off all at once and get about business.