while she was here. the thing i would say during her time at h.p., maybe this is going to with joanne says about kind of vision versus running a company, that she probably was right. that h.p. needed some kind of transformative acquisition. i don t know if compaq was the acquisition it needed. she wanted h.p. to be more of a services company than just selling computers and printers. h.p. is in the middle l of splitting into two companies. the part that people really want is that services part. she was really aiming for. but while she was running the company, while she was there, the performance wasn t very good. once she left and mark herd took over, those next five years were very good. profits doubled in the first five years. she gets no credit for the after years and should get some credit. good point. you can t say that s all her doing. joanne, 30,000 more layoffs at h.p. were announced this week. meg whitman is at the helm there. she told me more layoffs are coming. shou
those are 30,000 frowning facing representing each of the employees laid off during her tenure. here are the facts about her record ads ceo of hewlett-packard. she led the acquisition of compaq. she was ousted from the company in boardroom brawl as she describes it in 2005. h.p. s stock rose 7% when the street found out she was leaving the pane. the stock of h.p. is 60% below its all-time high 15 years ago and fiorina left with a $42 million severance package. she was also the first woman ever to run a fortune 20 company. when she took the helm of h.p. another woman who now runs h.p., meg whitman, told me what she thinks about fiorina for president. a former ceo of this company,
merging with compaq. two million federal workers, too much. yes. no question there is a trend in washington. should we vote someone into the highest office in the land because they laid off 30,000 people? i don t think so. we should talk about her other policies. she doesn t want to raise minimum wage. her stance on planned parenthood is destructive on women s health. are you supporting her? running to a carly rally now. we need someone to cut unnecessary jobs. bureaucratic positions. i m not sure carly is the perfect person for that. i don t think she made a great ceo. the stock plummeted under her watch. i m not sure it s her. quick thought, wayne. she did a terrible job. horrible job as a ceo. i mean, it s embarrassing. as far as cutting jobs you could
she was wildly disliked within the company. one of the things i noticed with her in debates is she s a lot looser than she was. she s much more scripted then. she never went offmessage. she was almost pro-botic at times. she demanded total loyalty. she didn t want anybody to dissent from her. she pushed out a lot of the executives, especially the compaq executives that had been brought in. when the board got mad at her and decided she had to go, she didn t have any she just didn t have any support. when it came to handling donald trump s comments about her face, foreign policy and connecting with viewers, do you think fiorina really stood out in terms of last night s debate? yeah, i do. when he sort of ineptly tried to say afterwards oh, you know what, i think she has a beautiful face, which i think to lots of women just seemed a little bit patronizing, she just stood there and she stared into
oversaw compaq and hp went into a tail spin, losing half its stock value and laying off 30,000 workers. the company is a disaster and continues to be a disaster. they still haven t recovered. by 2005, fiorina was very publicly and painfully fired. she stole 60 minutes about it. almost as if they meant to take you down a pig or two, that kind of thing. well, if that was their intent, they certainly succeeded in that. for wall street, it wasn t personal. it was business. as soon as fiorina was fired, hp stock rose 7% and fortune magazine s assessment was blunt. her run as ceo wasn t all that great. keep up, lady ps. sorry, i walk really fast. but fiorina was pushing on, advising the presidential bid in 2008le, running for senate in 2010, giving up the famous demon sheep ad and an infamous open