Cisco CEO: Whitman Having Hard Time Turning HP Around

Posted on Sep 26 2012 - 7:03am by Editorial Staff

How hard the time HP going through by, only the company know (we are not talking in terms of having sympathy for HP), but according to the report on Reuters loud and clearly says that HP’s CEO Whitman facing a “daunting task” in turning HP around in opinion of its chief rivals, Cisco CEO John Chambers.

“There’s not been a company ever turned around by the fifth CEO on the job,” Chambers said. “Its a tough hand to play, but clearly as a competitor I like competing against that hand, and we are going to try and accelerate while they are struggling.”

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