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When Carly Fiorina took the helm of HP in 1999, the company held the 10th spot on Fortune's annual survey of top corporate cultures. Since 1999, however, HP has slipped down the list every year with the worst setback coming in 2004 as HP failed to make the cut at all.

Link. I don't know how much weight to give Fortune's list, but that a God damn big slip in such a short time. The drop is understandable, e.g.,

The fear factor at HP is understandable given the tens of thousands of layoffs that have occurred since the Compaq acquisition took place in addition to a recent trend of moving US jobs offshore.

As ever with The Register, there's some wry humour at the end.