Remember, when I mentioned her on this very blog a couple years ago? Still no? Then you better read up!
Turns out that she was going to turn around HP because
So, how's HP doing? That once venerable leader of the technology industry just announced another set of layoffs. That makes the number to be laid off to around 50,000, an upward revision from an earlier estimate of 34,000.
And what does the purported genius have to say?
In a statement, Whitman said the turnaround effort she undertook when she stepped into the CEO role in 2011 “remains on track.”Yup. Stock price is around $32 a share. Good thing they hold private sector CEOs accountable, or someone would have to explain how laying off 16% of your workforce is creating jobs or making the company better, nearly 30 months after taking it over.
What would the President of the USA do? Better yet, how would he be regarded if he were to run the country like Meg Whitman has been running HP?
Updated 12/25/2014: HPQ stock price hovers around $40. When the DJIA is at 18,000. In other words, HPQ is riding the wave of a good economy presided over by Obama. Still waiting for the free markets to