Oracle CEO Larry Ellison might think that HP’s board are “idiots” for forcing his counterpart Mark Hurd to resign from the IT giant, but I wonder how the news was received by HP employees.
By submitting your email address, you agree to receive emails regarding relevant topic offers from TechTarget and its partners. You can withdraw your consent at any time. Contact TechTarget at 275 Grove Street, Newton, MA.
In my previous job, two of the stories I wrote that received the most reader comments were about HP staff unrest over plans for a global pay cut, just as it was revealed that Hurd received a multimillion-dollar bonus payment.
For a lot of HP employees – and in particular those of the former EDS where thousands of job cuts were implemented when HP acquired the outsourcing firm – Hurd was the perfect example of the CEO who was loved by shareholders and hated by many staff.
You can’t deny that Hurd produced a dramatic financial improvement after the controversy of the Carly Fiorina years that preceded him, and his quiet, publicity-shy managerial style has turned HP into the world’s biggest IT supplier, overtaking even IBM.
But I wonder if there won’t have been a few cheers in HP offices around the world from employees who for some time have felt they were little more than a disposable item.
Do you work for HP? What do you think about Hurd’s departure? Post your comments below…