2 replies to this topic

[ShyWriter]

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Hewlett-Packard to Cut About 30,000 Jobs



By QUENTIN HARDY
Published: May 17, 2012

SAN FRANCISCO — Hewlett-Packard is planning to cut about 30,000 jobs to save money that it wants to spend on product development and sales, according to company officials familiar with the plan.

The executives, who spoke on the condition of anonymity because they were not authorized to speak for the company, said that H.P. would seek layoffs and voluntary retirements from nearly all parts of the company, on a global basis. China, which is one of the company’s biggest growth areas, will most likely be spared, along with research and development efforts.

Meg Whitman, the chief executive, is still completing the plan, so the exact number of employees losing their jobs is not set.

SOURCE: http://www.nytimes.c...b-cutbacks.html

Steve

[goldhound]

You still gonna buy that HP Steve?

Wayne

[ShyWriter]

You still gonna buy that HP Steve?

Kind of shakes the faith, doesn't it?? I would rather buy from one of those companies like PugetSound but the price premium for a company one doesn't know will be there tomorrow is the stuff faith is built on. I guess I'll have to see what all these companies come out with on June 2nd when the "buy 7 now; get 8 for free ($15)" campaign hits. I'm not too happy with HP wanting $179 difference between the i7-3770 and the i7-3770K.. (The "K" is unlocked and over-clockable..) Especially when per unit prices are $310 and $350 (K) on the retail scene.

Decisions... decisions..

Steve