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Monday 02 March 2020 3:14 pmJack lsquo;Neutronrsquo; Welch, chief executive of General Electric, dies age 84By: Edward ThicknesseShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleJack Welch, the architect of General Electricrsquo GE rise to becoming at one time the most valuable company in the US, has died aged 84, the firm has announced.Over the course of his two decades a <a href=www.owala-waterbottle.ca>owala canada</a> s chief executive of the industrial giant, Welch grew the firmrsquo market value from $12bn to $410bn, expanding General Electric into financial services and consulting as he did so.Before he took over in 1981, GErsquo revenue was $26.8m; by the time he finished, in 2001, it had swollen to $130bn.Dubbed neutron Jack in the 1980s for his appetite for job cuts ndash; in his memoir, Welch <a href=www.hydro-flasks.ca>hydro flask canada</a> said that GE had 411,000 employees in 1980, but only 299,000 in 1985 ndash; Welch bought and sold scores of businesses during his tenure.However, his desire to expand the financial services division of the firm nearly wrecked the entire conglomerate during the global finance crisis, meaning shares n <a href=www.hydro-flasks.ca>hydro flask bottle</a> ow trade at a fraction of previous prices. Sign up to City A.M.rsquo Midday Update newsletter, delivered to your inbox every lunchtimeUS president Donald Trump hailed the industrial titan, tweeting: There was no corporate leader like neutronJack. He was my friend and supporter. We