More shake-ups at high-profile tech companies

Posted on January 21, 2011

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There are a lot of changes going on in high-profile tech companies this week. First, Apple’s Steve Jobs announced he’s taking another medical leave. Also, Google announced that co-founder Larry Page will replace Eric Schmidt as CEO. Page doesn’t have a high-profile status like Schmidt does and CNN.com’s story leads the reader to believe that maybe this is a good thing. Schmidt has been criticized for some “verbal gaffes” in the past. Still, shake-ups sometimes cause problems with confidence; especially in the marketplace. On a similar note, Hewlett-Packard also announced a major shuffle in its board of directors yesterday with four of them stepping down.

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Posted in: Tech Twist