Tuesday, September 16, 2008

HP is Cutting 24,600 Jobs

Ouch! The Bush/McSame economy takes its toll, once again. After the third quarter GDP numbers come out, we are going to see much, much more of this.

P.S. One of McCain's top economic advisers, Carly Fiorina, used to run HP. She got herself a "$21 million severance package" when she was booted out the door. She got hers.

Update: I actually left off the fact that HP gave her $21.4 million in severance pay, plus another $21.1 million in stock options and other benefits. All this for terrible job including 20,000 laid off on her watch.

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