Republican Presidential Candidate Carly Fiorina was fired as chief executive officer of Hewlett - Packard in 2005 , after stock toll plump by half and she lay off 30,000 proletarian . Now HP is back in the word with more mass layoffs , and a Gizmodo reader write in with how spoiled it really is .
The medium is having a field 24-hour interval fact - checking Fiorina ’s claims concerning her HP record . The New York Times accuses her of using “ fuzzy maths ” to obscure the damage done under her tenure , let in the acquisition of Compaq , now learn by many analysts as a bad move . Her executive experience in this bowl should not be touted , as she did during her first primetime debate .
Since Fiorina ’s board - induced going , Hewlett - Packard has n’t fare much well . HP is fix tolose another 30,000 jobsas it splits into two units — one with a focus on personal computing , and the other on software . The company has bleed job in the thousands in the run - up to the schism .
In response to my call for nightmare taradiddle ofworking at a technical school titan , reader showbiz2 get out by trying to keep their company anonymous , but it was quickly key out by other commenters . Of the current surround at HP , showbiz2 associate :
The company is bleeding people so badly in 6 month even the shareowner will say “ yeah , maybe you should rent some folks … . ” It boils down to this : recollective - term employee expect to be in sure locations for the business , are being shown the door and given very little metre to train surrogate for groups of dozens of people . no decent transition , just “ train them and get the fuck out . ”
It ’s in earnest hump up . I ’ve been through other tech declines , like Telcom back in late 90 ’s , but I have never seen people axed in this style , for these intellect .
The sad thing is , there really is no need to do this . There are option that are being made that are really really questionable , ring on illegal . Are you disabled and ca n’t drive 6 hours one way to get to an office where you have n’t had to go in 20 years ? Yeah , make love you , wheelchair crip , get to the role or your fired . Oh , I see you did n’t badge in today , we necessitate to talk .
Meg [ Whitman , the current CEO ] , who is part of Chris Christie ’s election team , is blooming that society ’s future worse than Carly did , and the ace after Carly . Again , I would n’t want to be a stockholder . The cut are far too deep on this one , never seen anything like it before .
Commenter ArtistAtLarge replied :
Could n’t happen to a more worth company . I do it people working at their host plant in Houston who have n’t had a wage increase is 6 days . Why they remain is even an even bigger “ WTF ” . One self-justification I heard was because they require to keep their pensions . I did n’t have the heart to tell they were n’t going to get diddley .
[ New York Times;Industry Week;Gizmodo ]
Top image : Justin Sullivan / Getty Images
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