Hurd's Hewlett-Packard Spends $236M On Severance

Cutthroat business. If an executive whose sobriquet is "Chainsaw Carly" can be ousted for not being tough enough, it would suggest any successor may need to be something of a cold-blooded executioner. Decide for yourself: Hewlett-Packard (nyse: HPQ - news - people ) spent about $236 million on golden handshakes for departing employees and other workforce rebalancing programs between November 2004 and April 2005.

Source: Forbes


Posted: Thu - June 9, 2005 at 09:43 AM