It's been a rough year at Hewlett-Packard .
The stock has underperformed peers. This week CEO Leo Apotheker announced a big executive changes. Now the company is suing Oracle.
Employees who breathed a sigh of relief when scandal forced out Mark Hurd may be sighing for different reasons now.
Glassdoor.com is where some of those HP workers are venting . The website allows employees at a variety of companies anonymously rate their firms and their CEOs (one caveat, you can't prove the employees are who they say they are).
Based on reviews, the bloom is off the rose for Apotheker. His approval rating, as measured on Glassdoor, has fallen from 72 percent last December, to 57 percent now. As this chart shows, employees at Intel and Oracle like their CEOs much better. Imagine trailing Larry Ellison by almost 30 points in a popularity contest.
On the other hand, employee morale at HP has risen slightly, though it still trails the other two rivals. ?
One good piece of news for Apotheker is that he's still trending better than Hurd. When the former CEO left due to an inappropriate relationship with a consultant (did we ever get a straight answer on what actually happened?), Hurd's approval rating was down to 34 percent. That means one in three employees still approved of his leadership, even at the end.
Comments from alleged HP employees on Glassdoor include:
"Get rid of any and all managers making over 100,000.00 a year before your arrogance and greed become your undoing. Give all employees back their 5% pay cut back, look in the mirror and learn humility. HP is too TOP HEAVY with overpaid and un intelligent senior managers."
"Top management frequently changes, there is no stability at the top and this starts from the CEO..."
"Chasing after Apple's 'walled garden' model is not a visionary plan. It is not enough to 'skate to where the market will be' and then simply out-build your competition. A visionary company identifies an opportunity and then creates a market around that..."
"Stay out of the news and stay in with customers."
Questions? Comments? Funny Stories? Email email@example.com