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Tech CEOs who need to go in 2008 (SYMC, AMD, BBND, CC, ALU, INTC)

2007 has been a wild year in the markets and there are many CEOs who aren't making the grade. 24/7 Wall St. has issued a brief list of some recognized CEOs in technology whose shareholders would likely be rewarded if the CEO was axed or stepped down, and who have a great shot at getting the ax in 2008. Most of these CEOs have a recent history of disappointment, and calling a CEO out can't be just over stock prices. Here's the full list, with a brief sentence and a link to the full explanations for each:
  • John Thompson of Symantec (NASDAQ: SYMC): This was a tough one, because I like him personally as a CEO and thought the diversification strategy was not as far out as Wall Street did. But Wall Street talks, here's the full piece on it.
  • Hector Ruiz of Advanced Micro Devices (NYSE: AMD): This was simple, and we think even though he wants to stay that he won't be allowed to. Intel Corp. (NASDAQ:INTC) isn't just winning, it's running away with the processor prize. Here's the full data why he's toast, even if he won't admit it.

Continue reading Tech CEOs who need to go in 2008 (SYMC, AMD, BBND, CC, ALU, INTC)

Bosses and businesses behaving badly

Talk about schadenfreude. Well, after reading this piece about bosses and businesses behaving badly, I just had to take a stab at prior bosses in the corporate field that I've had the displeasure of meeting over the years as an employee and a consultant, from small business to the Fortune 500. Some bosses, for the life of me, must bribe their way into exec positions -- since there is no way they got there on good attitude and being a good leader. Far from it for many, heh.

In this age of basically no job security, the things that some employers do (and don't do) continues to boggle my mind. Yes, there are always calls for "labor outsourcing" and things of that nature that have made many millions of employees very disloyal to their employers (and the marketplace in general). But, after reading some of these examples, can you blame them?

Some of the employee relations decisions made here confuse me to a large degree -- is it just incompetence (most likely) or some deep reason why such stupid business moves are made by some of the larger companies in the U.S.

How about you -- do you have any examples?

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Last updated: May 25, 2012: 11:50 PM

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