McCain Economic Lead Carly Fiorina Cut Jobs & Got A Pay Raise During Tenure At HP

11:05 pm EST May 16th, 2008 | News | 2 Comments

Touted as John McCain’s economic brain and recently appointed as the RNC Victory Chair, it is worth looking back at Carly Fiorina’s history in business for a clue to the type of policy McCain would undertake in the unfortunate event he is elected president.

In this case, let’s take a peep at one year during Fiorina’s time at CEO of HP (before she was effectively fired by the board for poor performance):

The top layoff leader in terms of layoff numbers is Carly S. Fiorina at Hewlett-Packard. She fired 25,700 workers in 2001, and saw her pay jump 231 percent, from $1.2 million in 2001 to $4.1 million in 2002.

In effect, for each of the people Carly Fiorina fired, she got a bump in salary of $112.84.

The woman they’re now calling John McCain’s economic brain values the job of an American worker as $112.84 she can shove in her pocket as she drives home in her luxury car to her gilded palace. Nice.

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2 Responses to “McCain Economic Lead Carly Fiorina Cut Jobs & Got A Pay Raise During Tenure At HP”

  1. Rich McAllister says:
    May 17, 2008 at 1:48 am

    > she can shove in her pocket as she drives home

    You think she drives herself?

    I’m a Silicon Valley techie type. Before Fiorina, I thought HP was one of the greatest companies on Earth. Find an engineer or scientist of a certain age (born between about 1940 and 1960) and mention the HP-35 calculator. You’ll get a smile, or a rueful grin and “I wish I could have afforded one.” After Fiorina, HP was just another stupid East-coast-style computer company in the Unisys mode.

  2. Duros62 says:
    May 17, 2008 at 9:47 am

    I knew that anything that involved Compaq would end in tears.