CEOs who became job killers

These executives took corporate downsizing to new heights.

By Joe Mont, TheStreet

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VIDEO ON MSN MONEY

10Comments
Feb 18, 2012 9:10AM
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dont forget about Mickey Holliman, former CEO of Furniture Brands International; the parent company of Lane, Broyhill, Thomasville Furniture, Henredon and several others. He shut down at least 50 manufacturing facilities so he could "ride the tiger" aand cust 15000-20000 at minimum in the process. another great leader of industry.
Feb 24, 2012 4:16PM
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Missed George Foyo who wiped out hundreds of people in at&t and then moved on to DIRECTV to do the same thing.  Walked away each time with thousands and thousands.  Meanwhile the people left behind struggled.  Same story as always, just different names.
Mar 4, 2012 3:02PM
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Why isn't jeffery Immelt on the list. Must have something to do that he supports Obama.
Feb 24, 2012 2:33PM
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You missed Doug Daft at Coca-Cola....he gutted the company with the help of some not so bright but highly paid consultants.  Most of the changes have been reversed since but years of experience and talent is gone.
Apr 25, 2012 1:10PM
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and every one of them probably got massive bonus's . all rotten bastards.
Apr 25, 2012 4:05PM
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What about Obama?? How many jobs has he killed ?? At least he keeps Air Force One in the air a LOT..@ $$$$$+$$$$ an hour. My grandsons are in waiting to pay for all his waste.....
May 18, 2012 11:24PM
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How about Ricky Snyder, the 'proven jobs creator'? While at the helm of Gateway, Ricky idled over 5,000 workers, sent the production of desktops to Mexico, the laptops to Taiwan, and then outsourced the support.

 

After several pages of discontent with Gateway and it's tech support from customers, and so many saying they'd never buy another Gateway computer, he brought back a little over 300 employees. And then the big banner "100% American support".

 

But now Gateway is owned by Acer. And Ricky is using his proven jobs creator skills as governor of Michigan.

 

Oh, I forgot. Gateway stock went from $84, in 1999, to a whopping $1.90.

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