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As a result, at the peak of the program, iPod+HP sales represented only a small portion of total iPod sales. [80] In July 2005, soon after Fiorina resigned as CEO, her successor Mark Hurd ended HP's agreement with Apple, within days of taking office, [ 81 ] a "highly symbolic decision" that was well-received as a return to innovation by HP.
Hurd had a reputation for aggressive cost-cutting. He laid off 15,200 workers — 10% of the workforce — shortly after becoming CEO. Other cost-cutting included reducing the IT department from 19,000 to 8,000, reducing the number of software applications that HP used from 6,000 to 1,500, and consolidating HP's 85 data centers to 6. [11]
Shares of HP (NYSE: HPQ) were rallying in Thursday trading, up as much as 6.1% before settling into a 3.8% gain as of 1:24 p.m. ET.. After Hewlett-Packard split into two companies, HP Inc. now ...
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Dion Joseph Weisler (born 20 August 1967 [1] [2] [3]) is an Australian-born businessman, and was the chief executive officer and president of HP Inc. from November ...
Shares of PC and printer maker HP (NYSE: HPQ) fell today, down as much as 4.8% at one point before recovering to a 4.1% decline as of 1:50 p.m. ET. Back when the old Hewlett-Packard split in two ...
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