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First female vice president. leaving in 1999 to become ceo of hughlet package. no other woman ever rose to such heights in business. >> we are not losing revenue as a result of this merger. >> she oversaw the megapurchase of compact. it led her to make this claim. >> we doubled the size of the company. we quadrupled the cash flow. we tripled the rate of innovation. >> reporter: hp went into a tail spin, laying off 30,000 workers. in 2005, fiorina was fired. fiorina calls him a clintonite. doubles revenues, that's not what business is about. every has been shuttered. >> reporter: fiorina's tenu...

Places. >> you ran up mountains of debt as well as losses using other people's money, and you were forced to file for bankruptcy not once -- >> i never filed for bankruptcy. >> -- not twice, four times. a record four times. why should we trust you to manage the finances of this nation any differently than you managed the finances of your casinos? >> reporter: for foes, her most glaring weakness lies in two letters, h.p. fiorina made big headlines when named the first female ceo at that tech giant in 1999 but the headlines were bigger when she oversaw the megapurchase of compact and h.p. went i...

The went out there more ceos than i went through tubes of lipstick jeering that's like sake the votes of a state are wrong when they decide they don't like the leadership of an executive. >> she has a point that at hat time, that merger that became controversial was right after 9/11 and things were falling apart for the economy, for technology stocks, nasdaq began its swoon, and she can't be blamed for all of that? i'm not sake shing without error but are you saying, congratulatingy, if she distinguishes that will people listen or tens of thousands of lay layoffs, and this week they're laying ...

About hp. carly fiorina was the head of the tech company in 1999. no woman had ever risen to such heights in american business. >> we are not losing revenue as a result of this merger. >> reporter: but the headlines were even bigger when she oversaw the mega purchase of compaq and hp went into a tailspin, losing half of its stock value, laying off 30,000 workers. >> the company is a disaster and continues to be a disaster. they still haven't recovered. >> reporter: by 2005, fiorina was fired. although, as she told erin burnett, with the tech bubble bursting, other tech companies were doing the...

Stocks fell a bit yesterday. despite strong earnings from goldman and citigroup. the dow dropped six points. still really 1% shy from record highs. u.s. crude oil above $56 a barrel. prices have been plummeting since last summer. now has bounced a bit. you know the oil services company is laying off 11,000 people. it has cut 9,000 jobs in january. work force is 15% less than last summer. walmart unexpectedly laying off 2,200 employees. why? to fix plumbing issues. they are temporarily closing five stores for half a year to get plumbing issues taken care of. the workers get two months paid leav...