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The Water Cooler
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Carly Fiorina For Pres. How do you feel?
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<blockquote data-quote="Coded-Dude" data-source="post: 2738026" data-attributes="member: 16918"><p>There was certainly fat that needed to the trimmed, but the way it was done was reckless and ass backwards. The people that should have been let go stayed while good employees(actual contributors) were let go(I had more managers than co-workers). Forced early retirement, tens of thousands of layoffs, pay hike freezes for 5+ years, off shoring services and jobs......to the point where services and support being offered by HP couldn't be fulfilled and morale was in the toilet("do what we tell you or get replaced by someone cheaper who will"). The board fired her(mostly because of stagnating stock prices), but the executives did very well during the entire time(as is common in these types of massive company shifts). Bill and Dave were rolling over in their graves I'm sure(those guys knew how to take care of their employees, as the old timers would tell it). Basically, there was little to no fat trimmed at the executive level. It was far more about the bottom dollar(or rather the "top's dollars") than making the company more efficient, as it became unbearably inefficient.</p></blockquote><p></p>
[QUOTE="Coded-Dude, post: 2738026, member: 16918"] There was certainly fat that needed to the trimmed, but the way it was done was reckless and ass backwards. The people that should have been let go stayed while good employees(actual contributors) were let go(I had more managers than co-workers). Forced early retirement, tens of thousands of layoffs, pay hike freezes for 5+ years, off shoring services and jobs......to the point where services and support being offered by HP couldn't be fulfilled and morale was in the toilet("do what we tell you or get replaced by someone cheaper who will"). The board fired her(mostly because of stagnating stock prices), but the executives did very well during the entire time(as is common in these types of massive company shifts). Bill and Dave were rolling over in their graves I'm sure(those guys knew how to take care of their employees, as the old timers would tell it). Basically, there was little to no fat trimmed at the executive level. It was far more about the bottom dollar(or rather the "top's dollars") than making the company more efficient, as it became unbearably inefficient. [/QUOTE]
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