Archive for the ‘HP’ Category

HP Layoffs: Fear Spreads. Expect 30K Cut

Wednesday, May 23rd, 2012

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Just as President Obama comes to the bay area to tout the success of his job creation plan, Meg Whitman, will be announcing one of HP’s biggest layoff.

Whitman is expected to announce the cutting between 25,000 and 30,000 jobs. It will be the first of many layoffs, as she tries to turn HP around. HP has 360,000 employees today up from 60,000 in 2001. The company has already laid off 120,000 in the last few years.

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HP Merging PC & Printer Divisions. Major Layoffs

Tuesday, March 20th, 2012

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CNBC is reporting that HP (HPQ) is merging it PC and Printer divisions. HP is struggling to find its place in the “Post PC Era”, where users are moving to tablets like Apple’s iPad (AAPL) and as a result printing less. HP is getting hit on both of its big division PCs and Printers. The merger of the divisions it expected to unleash a major layoff, the likes of which have not been seen in Silicon Valley since the dot com bust.

HP Merging PC & Printer Units. Major Layoffs Coming.

Tuesday, March 20th, 2012

http://media.salon.com/2011/09/august_jobs_report-460x307.jpg

CNBC is reporting that HP (HPQ) is merging its PC and Printer units. HP is struggling to find its place in the “Post PC Era”, where users are moving to tablets like Apple’s iPad (AAPL), and as a result they are printing less. PC and Printers are big business for HP, and its is getting hit big on both as a result of tablets. The merger of the divisions it expected to unleash a major layoff, the likes of which have not been seen in Silicon Valley since the dot com bust.

HP Layoffs Cut 50% Of Tablet WebOS Workers

Tuesday, February 28th, 2012

HP jon rubinstein todd bradley

HP is laying off 50% of the workers from its Tablet WebOS team.

It makes sense now that WebOS is becoming an open source project, and HP is no longer building hardware based on it.

The team was around 600 at the beginning of the year, so this means about 300 people from the team are gone.

HP told it did this so it could continue to afford supporting WebOS as an open source project.

Most of the affected positions are in engineering, but related positions like quality assurance and business development were also affected. All laid off employees will be able to apply for other jobs at HP.

Previously, mediocrity like HP’s Tablet project would have passed as innovation but with the efficiency and market readiness of Apple projects is pushing companies like to cut the fat much sooner.

PC Era Officially Over

Friday, January 27th, 2012



Data includes desk-based PCs, mobile PCs, including mini-notebooks but not media tablets such as the iPad.

You have probably been hearing that the PC era is over. Now there is evidence that it really is over. The latest Gartner and IDC “PC” shipments reports show that PC growth declined by 5.9% in Q4 2011 and Apple growth increased 20.7% over the same period.

However, industry watchers say, that the results are far more dire. They point out that Apple’s stellar growth is actually propping up PC sales. They say to realize the true rate of decline, the Apple shipments must be taken out. When thats done, here’s what you get:

Total 4Q11: 15,854,964
Total 4Q10: 17,342,605
4Q11-4Q10 Growth: -8.5

The result is a decline of 8.5%, which is far worst that the¬†originally reported decline of 5.9% for PC growth. That 2.6% delta is not insignificant, it’s over 40% worse than what was reported.