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HP Lays Off 5,000 More Employees

12/31/2013 00:00 AM EST
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docdivakar
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Re: HP Lays Off 5.000 More Employees
docdivakar   12/31/2013 8:18:28 PM
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It is sad and ironic that this had to happen on the 75th anniversary of the company!

http://en.wikipedia.org/wiki/Hewlett-Packard

I suppose the $538 the duo invested in founding the company in a garage went a long way... it is still a great company!

MP Divakar

AZskibum
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Re: HP Lays Off 5.000 More Employees
AZskibum   12/31/2013 10:12:56 PM
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Is it still great compared to what it used to be?

MeasurementBlues
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Happy new year
MeasurementBlues   1/1/2014 12:36:57 AM
Well, 2014 should be a great year for HP. It's stock price will rise now that it's put all those people out of works. Is this the Bill and dave way?



vandamme0
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Freelancer
Re: Happy new year
vandamme0   1/1/2014 11:44:50 AM
They need to dump Microsoft.

MeasurementBlues
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Re: Happy new year
MeasurementBlues   1/1/2014 11:50:29 AM
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"They need to dump Microsoft."

Adn replace it with what?

vandamme0
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Freelancer
Re: Happy new year
vandamme0   1/1/2014 12:45:32 PM
Well, Linux of course. I'm writing this on my cheap HP G62 laptop, runs openSuSE right now but I've tried Bodhi, Mint and Ubuntu. Everything works: sound, touchpad, camera, wifi, even the extra buttons on the side for the calculator, printer and such. When I backed up the original windows7 it filled 5 DVDs with bloatware and trial junk. And, it didn't reload when it crashed, so I loaded Mint and the rest is history.


HP is late to the Chromebook game but that might be my next laptop.

elctrnx_lyf
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3D printers
elctrnx_lyf   1/1/2014 1:44:29 PM
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The next phenomenon would be 3D printers. And i believe there may be a lot of market for these products. This will be fueled not just by hobbyists but also by the school kids.

paul.c
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Rookie
Re: HP Lays Off 5.000 More Employees
paul.c   1/1/2014 2:30:58 PM
I worked for HP during the 50th anniversary.  Bill and Dave were retired but the company was still run the "Bill and Dave way".  Management was proud that no one, not one single employee, had ever been laid off in the history of the company.

Obviously the CEO's since then didn't read the "HP Way" or figured they knew better than the founders.  What a shame.

pconti
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Were there 10% Salary reductions across the board also (or instead)?
pconti   1/1/2014 2:40:34 PM
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Can anyone intelligently answer the question: Is firing 11% of your staff a business management strategy or is it the result of mismanagement ?  I've seen this strategy for 30 years in the semiconductor business and I've seen few companies if any rise from the ashes like a Phoenix.

David Ashton
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Re: Were there 10% Salary reductions across the board also (or instead)?
David Ashton   1/1/2014 3:48:50 PM
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I don't have the facts but I could pretty well guarantee that 
  • The CEO didn't lose any salary
  • The CEO won't get laid off as a result of this.....


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