Home / Business / ‘His legacy is tarnished’: The big shake-up at GE is a direct challenge to former CEO Jeff Immelt’s most prized achievements

‘His legacy is tarnished’: The big shake-up at GE is a direct challenge to former CEO Jeff Immelt’s most prized achievements

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The legacy Jeff Immelt left behind at General Electric is officially on life support. Perhaps the biggest blow to date was landed on Tuesday, when the company said it plans to spin off its healthcare business and divest its stake in oil-services company Baker Hughes.
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