Jack Welch, the former CEO of General Electric, has made his mind up: He will no longer contribute to Fortune or Reuters, which ran his and his wife’s columns in the past. Welch, as you probably know, garned plenty of criticism for his conspiracy theory tweet about the most recent jobs report. “Unbelievable jobs numbers,” wrote Welch. “These Chicago guys will do anything.. can’t debate so change numbers.”
Both Fortune and Rueters — among plenty of others — quickly criticized Welch’s theory. Appearing on Morning Joe, Fortune’s managing editor, Andy Serwer, said “I think it’s exactly the opposite of what Jack Welch is saying.” For its part, Reuters ran a story in which Welch’s idea was labled as “hilarious” by Barry Ritholtz, the CEO of Fusion IQ.
Welch’s email to Serwer and Reuters’ Steve Adler said the quitting was based entirely on his and his wife’s column not getting enough “traction” at Fortune and Reuters. Hmm… Guess we should just believe him! Right?