Wed, 09 Feb 2005
Carly Fiorina Steps down From HPaQ
Carly Fiorina was (oh how I like the sound of that) the CEO of Hewlett
Packard, she was the woman that ushered in the Compaq merger (of which most
techs mocked and laughed at), sold off their best assets, allegedly
undertook some pretty shoddy deals to get it all going and then, while
laying off thousands of staff bought herself and her upper echelons cohorts
half an air force.
And now she's been asked to step down and get the hell out of the way while the company still has a chance in hell of getting out in the market and actually making some money. Now this may sound like just me ranting but it's worth looking at the markets response; HPs stock has risen by 11%, almost 7 BILLION dollars. Thats what you call a bad hiring decision!
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Posted: 2005/02/09 21:42 | /geekstuff | Permanent link to this entry | This entry and same date
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