What percentage of performers did Jack Welch aim to cut each year at G-E?

Jack Welch aimed to cut 10 percent of performers each year at General Electric as part of his management strategy to enhance productivity and performance within the organization. This approach was rooted in his belief that performance improvement required a rigorous focus on workforce quality. By identifying the bottom 10 percent of performers, Welch sought to ensure that only those employees who consistently contributed to the company's goals and demonstrated superior performance remained. This practice not only encouraged better performance among employees but also promoted a culture of accountability and excellence within the company. Welch's approach was often referred to as "rank and yank," where underperformers were systematically removed, thereby creating an environment where high achievers could thrive.