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Jack is back and he's bringing company-wide layoffs with him. Twitter is said to be planning to announce layoffs across most departments of the company next week, according a report late Friday from Re/code. The precise number or percentage of staff affected is unclear. "We’re not commenting on rumor and speculation,” a spokesperson for Twitter told Mashable. Speculation about the move comes just days after Twitter announced that cofounder Jack Dorsey would take over as the permanent CEO, following a lengthy search. While the layoffs will almost certainly hit company morale, it should appease investors eager to see Twitter rein...

Biotech seed giant also gives a downbeat forecast for its fiscal year, as quarterly loss widens ___ Monsanto Co. , buffeted by a slumping global farm economy, outlined plans to slash 12% of its workforce and restructure its business as it reported a larger quarterly loss. The biotechnology-seed maker plans to cut 2,600 jobs while “streamlining and reprioritizing” commercial and research efforts as it grapples with declining crop prices that have pinched incomes for farmers, its main customers. Monsanto projected earnings in its fiscal 2016 that fell below analysts’ expectations. The St. Louis company also Wednesday unveiled a new stock-buyback...

Out of the thousands of people she worked with, why are only two giving Fiorina a reportable amount of cash? The employees at Hewlett-Packard, where Carly Fiorina was CEO for six years, don’t seem interested in seeing their old boss become commander-in-chief. Of the 302,000 employees at the company, not one has given a reportable amount to help Fiorina fund her 2016 presidential campaign, according to the campaign’s most recent FEC filings, which lists all donations over $200. HP’s corporate leadership also doesn’t seem keen on the idea of Fiorina in the White House. Among the 12-member board of directors,...

The table festooned with red “Carly for America” placards arrived hours before the candidate. Political operatives took up positions outside the front door to catch supporters of Carly Fiorina, the corporate executive-turned-Republican contender, and gather their contact information before steering them inside to the room where she would speak. But the table, the placards and the workers didn’t belong to Mrs. Fiorina’s campaign. They were there thanks to the “super PAC” supporting her run for president. The Federal Election Commission forbids direct coordination between campaigns and super PACs, lest candidates effectively rely almost entirely on the huge, unlimited donations of...

Carly Fiorina is surprising many Republicans with her meteoric rise to the top tier of the 2016 GOP race. But here in California, her sparkling performances on the campaign trail look more like a case of déjà vu. Before plummeting to a 10-percentage-point loss during a wave year for Republicans in 2010, the former chief executive mounted a fierce challenge to U.S. Sen. Barbara Boxer with all of the same assets she is displaying now. She dazzled voters, particularly women, with her secretary-to-CEO life narrative. She impressed them with her toughness -- from her well-placed jabs at Boxer to her...

When Carly Fiorina ran for U.S. Senate, opponents depicted the former corporate executive as a cold-hearted job killer, using her past statements like a noose around her neck. Americans have no God-given right to a job, said the former Hewlett-Packard chief. When you’re talking about massive layoffs, sometimes they’re warranted. Off-shoring — shipping American jobs overseas — was “right-shoring.” Now, though, running for president, Fiorina has softened her tone, acknowledging the human toll of lost jobs and explaining at greater length and depth the actions she took as a powerful Silicon Valley executive, including overseeing tens of thousands of layoffs....

Carly Fiorina said on Sunday she had plenty of job offers after being fired as the CEO of Hewlett Packard, including posts in the George W. Bush administration, but she decided against them. "I didn’t want to go back to work as a CEO," the Republican presidential contender said on NBC's "Meet the Press," rejecting suggestions her lack of private-sector employment after leaving HP is an indictment of her leadership. "Yes, I was offered many jobs – as a CEO, in the Bush administration. I wanted a break, and then I wanted to give back."

At a polished New York press announcement in 2001, Hewlett-Packard chief executive Carly Fiorina, then the most powerful woman in American business, unveiled an immensely risky mega-merger whose success she promised with her signature showmanship: “If you don’t believe it, watch.” But 3 1 / 2 years later, after HP had shed half its market value and slashed more than 30,000 jobs amid what rivals called “the dumbest deal of the decade,” Fiorina was quietly fired from her first and still only job as a CEO. She succumbed to a brutal battle with the founders’ families, a worker uprising and,...

Carly Fiorina may come from the executive suite, but that hasn’t stopped other executives from slamming her record. The latest critique comes from Steven Rattner, a former Wall Street banker and private equity executive. Rattner, in an opinion piece in the New York Times on Saturday, called Fiorina’s time as the CEO of HP “short and disastrous.” Rattner said HP’s acquisition of Compaq, pushed through by Fiorina, caused an amount of divisiveness at the company that Rattner says he never saw in his 33-year career on Wall Street. He said that while Fiorina did serve during a tough period for...

In late 2010, polls showed Carly Fiorina within a point or two of beating California’s Democratic incumbent Sen. Barbara Boxer. The Republican candidate was impressing on the trail and gaining traction with voters, much like she is now as a Republican presidential contender. And then the attack ads began. “Thirty thousand Californians lost their jobs,” the narrator of an ad released in mid-September said of Fiorina’s legacy as CEO of the Silicon Valley tech giant Hewlett Packard. “Fiorina tripled her salary, bought a million dollar yacht, and five corporate jets.” Her poll numbers dipped — and they never quite recovered....

In 2010, Fiorina's Senate campaign was severely undermined by a series of attack ads that emphasized her failure as a Hewlett-Packard CEO. Could this happen again? Carly Fiorina is doing well in polls. As Donald Trump saw his support drastically diminish following the second GOP debate, the businesswoman swiftly rose to No. 2 with 15 percent of Republican support. But critics are skeptical that her success will persist. The reason? Her dismal tenure as CEO of Hewlett-Packard from 1999 to 2005, during which 30,000 employees were laid off. In 2010, Mrs. Fiorina ran for Senate in California, against Democratic incumbent...

HER silver tongue honed by decades in corporate marketing, Carly Fiorina has used two debates, and a steely determination on the campaign trail, to climb near the top of the polls for the Republican nomination. But Americans should pause on her biggest professional credential for our highest office: a short, disastrous stint atop one of America’s iconic technology companies, Hewlett-Packard. The clearest measure of her performance — and the report card preferred by Wall Street — is H.P.’s stock price, which dropped by 52 percent during her tenure of almost six years. Yes, Mrs. Fiorina served during the worst fall...

That Carly Fiorina was a one-woman wrecking crew during her tenure as CEO of Hewlett-Packard was never in doubt. But what follows is a tale that is now being picked up and distributed as the Republican Party seeks a nominee who combines business savvy and executive know-how. Sadly, the former executive who most closely fits this particular bill also has exhibited the kind of corporate arrogance and blind certitude that came close to sinking what had been considered among the world’s best technology companies: Hewlett-Packard. At HP beginning in the mid-1990s, Fiorina was responsible for the ill-fated merger with Compaq,...

Fiorina, pictured in 1999, says on the campaign trail that she had to burn down Hewlett Packard in order to save it. Carly Fiorina’s business background is an essential part of the story she tells on the campaign trail, offering an “only in America” biographical tale of her journey from secretary to CEO. Yet the crowning achievement of her corporate career -- her tenure as a Fortune 500 CEO at Hewlett-Packard -- isn't central to her stump speech. Repeating the same lines from stop to stop, Fiorina rails against an "inept, corrupt bureaucracy." She offers herself up as a leader...

It’s hard to overestimate the impact that two young Stanford graduates, working in a small wooden garage behind a brown shingled house in 1939, had on the world of high technology. Without David Packard and William Hewlett, there would probably be no Silicon Valley. The pair were known not just for technical innovation and global success. They were accidental corporate chieftains who created an ethos of profitability, humility and collegiality that came to be known as “the HP Way.” Their doors were not just always open; they didn’t even have doors. They enshrined the idea of “management by wandering.” “Bill...

As Carly Fiorina gains increased media attention and ramps up her presidential campaign after her strong performance in the second Republican debate last week, she may still be struggling to overcome the obstacles that led to her defeat the only previous time she sought elected office. While Fiorina has billed herself as an "outsider" candidate, she does have political experience -- she just wasn’t successful. Her 2010 campaign to unseat U.S. Sen. Barbara Boxer in California saw fierce campaigning (she’s often remembered for the “demon sheep” ad) and pressure on Fiorina to defend her business record before the former Hewlett-Packard...

Carly Fiorina made several false, misleading and unsubstantiated claims in responding to questions about Hewlett-Packard’s involvement with a foreign subsidiary that sold products in Iran. The former HP CEO claimed that a Securities and Exchange Commission investigation “proved that neither I nor anyone else in management knew about” a Hewlett-Packard subsidiary doing business in Iran. We have found no such ruling from the SEC, nor could Fiorina’s campaign provide one. She also claimed that the company that actually sold HP products in Iran was “not honest” with HP about its dealings. But that company said in a 2003 press release...

Carly Fiorina’s campaign is defending her record as the CEO of Hewlett-Packard. In a post published on Medium, Fiorina’s Deputy Campaign Manager Sarah Isgur Flores took on criticism about the candidate, pushing back on recent reports characterizing the retired tech executive's tenure as a failure. “There’s a lot of armchair CEO’ing going on around here. And some folks seem to have taken the ‘Invent’ motto to mean they get to invent their own facts,” Isgur Flores writes, referring to the HP motto during Fiorina’s tenure. Fiorina was fired in 2005. Isgur Flores then goes on to list 10 things she...

HP's plan to shift workers off its payroll and have them work as contract workers for a partner named Ciber isn't going exactly as planned, multiple sources have told Business Insider. HP didn't actually follow through with its threat to fire all of the employees if they refused the new job offer. A few of the employees who refused the new offer are now being asked to stay on at HP as if no layoff ultimatum ever happened. To recap: HP told several hundred employees in its Enterprise Services division, HP's consulting unit, that HP had lined up a new...

Carly Fiorina said on The Tonight Show that her track record at HP included improving market share. But that’s not true. Carly Fiorina’s latest defense of her track record at Hewlett Packard doesn’t quite add up. Monday night, on The Tonight Show with Jimmy Fallon, the GOP Presidential hopeful stepped up her effort to paint her time at the top of one of the nation’s largest technology companies as a success. Fallon remarked that her rise from a secretary at a small real estate company to the head of HP HPQ -2.42% was remarkable, but he also mentioned critics who...