Monday May 25, 2020

HP facing leadership crisis

Hewlett-Packard may struggle to find a new leader who can revive it after 11 months of strategy shifts and slashed forecasts, according to a Bloomberg report.

22nd September, 2011
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Hewlett-Packard may struggle to find a new leader who can revive it after 11 months of strategy shifts and slashed forecasts, according to a Bloomberg report.

The computer maker has substantial operations in Ireland. Earlier this month the Irish unit reported a loss of $12.5 million. This was largely due to an exceptional loss of $18.6 million arising from additional pension funding and redundancy costs.

HP’s board is considering firing chief executive Leo Apotheker, Bloomberg reports.It may appoint...

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