Word: delle
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Dates: during 2000-2009
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Since HP's president, Michael Capellas, a respected operations manager and Compaq's last CEO, quit to run WorldCom in mid-November, Fiorina must now take full responsibility for HP's bottom line at a time when she must parry new threats from IBM and Dell. Both have spent the past year bulking up major parts of their businesses, while HP has been on a low-cal diet, trying to restore its flabby enterprises to health. As analyst Bill Shope of J.P. Morgan Chase puts it, "IBM is trying to squeeze HP at the upper end of the market, while...
Fiorina's supporters think HP in the middle will be a hit show. The rationale for acquiring Compaq has not changed, they argue. By buying Compaq's vast product portfolio, R.-and-D. muscle, direct-sales channel and 34,000 tech-service pros, HP could thwart IBM and Dell. "Analysts are waiting for us to put points on the scoreboard," says Michael Winkler, Fiorina's executive vice president for operations. (Fiorina declined to be interviewed...
Among the firms Root surveyed, the usual U.S. suspects--such as Dell Computer, GE, Pfizer, Microsoft and Wal-Mart--beat the index and passed all his tests. But so did some less predictable, smaller multinationals such as footwear and apparel maker Timberland and home builder KB Home. Says Root: "Profitable foreign growers come from all walks of life...
Agilent Technologies, a Palo Alto, Calif., electronics and tech manufacturer, made Fortune's 100 Best Companies to Work For this year--despite having announced 20% job cuts of 8,000. At the time, employees rallied around management to fight to save the company. But unlike Dell, Agilent continues to struggle, and the surviving workers are feeling the strain. Steve Peterson, 55, a global online-support manager, says, "We are just really working hard and are discouraged that things are not better...
...ghost-work stress with a single stone: unpaid vacations. Since BellSouth offered unpaid leave to its 80,000 remaining employees in July, almost half have grabbed it--saving the Atlanta-based telephone company $14 million in payroll costs. Some firms, though, have made unpaid vacations mandatory. Last year Dell demanded that workers take one-week vacations without pay. "That had a lot of people grumbling," says an employee...