I was taught in business school (early 2000s) that it was good that GE fired the lowest 10% performing employees b/c the employees were not actually happy or content at GE or they would perform better. Therefore firing them is good b/c they'll find a better career fit elsewhere.

But I actually think it is terrible. It pits co-workers against each other and makes taking credit for an accomplishment more important than doing what's best for the organization.

IIRC employed during a period where GE was burning the furniture to heat the house. And it was only supposed to be employed temporarily.

That makes sense. I worked there, back when "Neutron Jack" was in charge. I don't remember that, but they probably didn't come out and say it (also, I rated fairly high -they even gave me an award, after I left the company. I still have the plaque, upstairs).