DigitalTrends reports HP employees are filled with joy over the ousting of CEO Mark Hurd. While Hurd delivered excellent financial results, it appears he was an extremely disliked boss, employees are cheering that the "tyrant" is gone and one former employee even goes as far as to describe Hurd as "profane, a bully, autocratic, threatening, demeaning, vindictive, and rude". According to employee survey website Glassdoor, Hurd had the lowest approval rate of any major tech boss, and according to House, a recent internal HP survey revealed a shocking two-thirds of all HP employees would leave immediately if they they had an equivalent job.
In the wake of Hurd’s departure, HP employees are beginning to speak out, claiming that Hurd was “profane, a bully, autocratic, threatening, demeaning, vindictive, and rude” according to HP Phenom, a popular HP-focused blog run by a former employee, Chuck House, who now runs Stanford’s Industry Affiliate research program on media and technology.
“He raped HP employees (figuratively, without violating the sexual conduct code at HP) by eliminating the sixty-five year concept of profit sharing, preferring to move to obscene bonuses for himself and his five top minions — a mere $113 million payout for them in a year he chopped everyone else’s pay by 5 percent plus profit-sharing,” House said on his blog. “These were raises for some of the five people by as much as 400 percent — a tidy uptick.”
Use Disqus to post new comments, the old comments are listed below.
Re: HP employees very happy with Hurd's departure by Anonymous on Thursday, August 12 2010 @ 04:37:44 CEST
And how many people did he lay off on his way to his multimillion bonuses? No wonder Ellison likes him.