Thread regarding HP (Hewlett-Packard) layoffs

Next eXeCuTivE to leave

Ludgate is leaving. Who do you guys think is next? I’m hoping it’s Ernest (idk his last name) or Alex Cho.

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| 871 views | | 1 reply (December 6, 2024) | Reply
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Most likely Enrique himself. He is too busy strip mining HP with stock buybacks so his shares go up before he cashes out.

Both Boeing and Intel CEOs did the same before stepping down (among others).

"HP utilized $2.1 billion of cash during fiscal 2024 to repurchase approximately 62.7 million shares of common stock in the open market."

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