In the next 4 years, Fiorina would sell off the printing business (which had higher margins) and double-down on the PC business (with lower margins.) Timing as it was, the dot-com bubble burst which affected every hardware maker (since tech companies needed to buy hardware to operate.)
She basically made the absolute wrong bets, and as a result many jobs were destroyed. Between HP and Compaq, the collective companies lost more than $13 Billion in shareholder value. Other companies did at that time as well, but HP was by far the worst.
When tracing the history of HP performance during Fiorina's tenure as CEO, she is arguably one of the worst who has ever guided a publicly-traded US company. A simple before-and-after of the company's position from the day she took leadership until the day she left is not a pretty picture.