ReferIndia News Quote of the day by Jack Welch: “Companies don't give job security. Only satisfied customers do” How did Jack Welch apply this philosophy at General Electric?

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Quote of the day by Jack Welch: “Companies don't give job security. Only satisfied customers do” How did Jack Welch apply this philosophy at General Electric?

Published on: Feb. 25, 2026, 11:22 p.m. | Source: The Economic Times

Quote of the day by Jack Welch: Nearly 65% of U.S. companies cite revenue decline as the top reason for layoffs in 2025. That data makes the Jack Welch job security quote sharply relevant today. He said companies do not give job security. Customers do. Strong customer satisfaction drives revenue growth. Revenue protects jobs. Poor customer experience weakens cash flow. Weak cash flow cuts payroll. In todays competitive economy, customer retention, brand loyalty, and market demand decide employment stability.

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