Mark Hurd

Some of the tech sector's ailing giants have been freely handing out pink slips over the past several years, with varying degrees of success.


HP has done multiple rounds of deep job cuts over the past decade. The last major one took place in 2010, when then-CEO Mark Hurd axed 9,000 positions, but hiring and acquisitions quickly ran HP's headcount right back up. Get ready for another major cull: HP is preparing to announce this week a cut of another 25,000 or so workers.

None of that has halted HP's dramatic

Léo Apotheker's disastrous tenure as HP's CEO revealed a dysfunctional company struggling for direction after a decade of missteps and scandals. Can his replacement, Meg Whitman, fix the tech giant?

A few months after she took over as the CEO of Hewlett-Packard last September, Meg Whitman held one in a series of get-to-know-you meetings with employees. To say the audience, a group of software engineers and managers, was sullen would be an understatement. As Whitman spoke, many of them glared at her. Others weren't making eye contact with their new boss.

Best Buy CEO may have left over affair The sudden resignation of Best Buy CEO Brian Dunn may have been prompted by conditions with some similarity to those that forced HP chief Mark Hurd out last year. Tips to the Wall Street Journal on Thursday explained that the probe was over Dunn possibly misusing company resources for a "relationship" with a 29-year-old woman working at a Best Buy leadership training facility. The board took action after it got complaints, although it's not known who relayed the information. The circumstances are believed to be more innocuous than in the Hurd

Advanced Micro Devices Inc. has approached at least three candidates to succeed ousted Chief Executive Officer Dirk Meyer and been rebuffed, slowing the chipmaker’s effort at a turnaround. Oracle Corp. Co-President Mark Hurd, EMC Corp. Chief Operating Officer Pat Gelsinger and Carlyle Group Managing Director Greg Summe spurned approaches by Sunnyvale, California- based AMD, according to people familiar with the search, who asked not to be named because the talks are private. AMD’s next CEO will need to push the company into new markets for tablet computers and mobile phones -- a task that eluded

Hewlett Packard can never write the Mark Hurd scandal out of its history. But have wholesale executive changes at least helped new management turn the page?

It's been a rough several months for Hewlett-Packard's board. First they had to deal with a scandal that led to the sudden departure of their Chairman and CEO. Then they had to begin a search for new leadership. Finally, a third of the board that picked that new leadership duo was swept away by it just a few months later.

Hewlett-Packard Co. plans to introduce a cloud-computing service and will increase its quarterly dividend, early efforts by Chief Executive Officer Leo Apotheker to boost sales and reverse a share-price decline. HP will also put its WebOS mobile-operating system onto a broader range of devices for consumers and businesses, in a bid to make the companys various products work better together, Apotheker said today at an event in San Francisco. In this game, size does matter, and HP will deliver more than 100 million WebOS devices a year, Apotheker said. We are building an open platform

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