Posted on 09/16/2015 3:09:48 PM PDT by jimbo123
Hewlett-Packard Co. is preparing to shed up to another 30,000 jobs as the Silicon Valley pioneer launches into a new era in the same cost-cutting mode that has marred much of its recent history.
-snip-
Things began to change at the outset of this century under former CEO Carly Fiorina, now a candidate for the Republican Party's nomination in the 2016 race for president. Fiorina engineered a $25 billion acquisition of PC maker Compaq that angered many shareholders, including heirs of the company's founders. She cut more than 30,000 jobs before she was fired a decade ago.
(Excerpt) Read more at kxxv.com ...
Jimbo, just figured out you must have lost money on HP.
I wonder how many jobs the Obama Department of Labor has cost American citizens by their Communist sympathies and decisions that favor H1B workers over Americans?
Aw crap. It’s HP Enterprise. Bye bye holdings. They couldn’t wait another 3 weeks till I was vested.
The Chairman of the Board of HP said that Fiorina was instructed by the board to craft the CP deal, that she was against it fought it but was forced to see it through.
I wish I knew the truth.
They each get $42 million severance.... like Carly.
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