HP CEO Mark Hurd Resigns
Whoa! As an employee of this company, it would be hard to think of what will happen in the next few days.
I went home late today and decided to check on some emails (oh workaholic you), then look at this cool email I found. I thought it was one of those usual newsletters I usually just put aside but when I read that Mark Hurd resigned, I lost my drowsiness then and read the whole article. I even searched for articles in the net about it just to confirm if this was a confidential matter but the search results said otherwise.
The juicy headlines showing is that Mark Hurd resigned due to a case of sexual harassment. Although not entirely true if you read articles but it just makes it more juicier for people to want to read and react on.
Though I don’t understand why it is termed as “resignation” and he even gets paid a severance pay, if part of the reason he was fired was because he filed false expense reports. Isn’t that already a crime of fraud so should be “fired” instead? I guess it would really look bad on the media if for example, we had this headline “HP CEO Mark Hurd fired!” It would certainly give a much bigger drop on stocks that it has dropped now.
So what is going to happen to us employees now that the boss has “resigned”?