A Rough Year For Superstar Ce OsDavid Greising
When Michael H. Jordan moved to the corner office at struggling Westinghouse Inc. last June, the task facing the former PepsiCo executive seemed straightforward enough: Cut the bloat and focus on core businesses. But as he toured Westinghouse's far-flung operations, the complexity grew. Litigation costs were piling up, and the environmental division, he says, was "a disaster." He trimmed 6,000 jobs in January, and may have to cut more. "This is not the easy pickings that a lot of people expected, including myself," says Jordan.
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