HP is preparing to lay off 14,500 employees, but this won't affect any products or product lines, instead the vendor plans to fire staff in back office departments like finances and HR and plans to abondon a sales group that made solutions sales across divisions (bundle a printer with a server).
So chief executive Mark Hurd is telling us that HP has 14,500 people working jobs that can be scrapped without affecting a single customer? I find that very hard to believe.
Firing back office staff won't turn around HP. The company didn't lose market share because of its plush pension plans or health benefits.
In Mark Hurd the HP board hired a cost conscious executive. But cost cutting alone won't help HP win the war. When will he show something that resembles a vision that
moves HP to the future?
HP CEO Mark Hurd (photo taken earlier this year)
IBM and Technical University of Munich team demonstrate how Shor's algorithm, which can't be cracked by conventional computers, can be solved quickly with quantum computing
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Two of the big four supermarkets will use the system to control sales of restricted products
PUBG news and updates: November's Update #23 to bring new Skorpion pistol and changes to blue zone visibility
Genuinely useful side-arm coming to PUBG in Update #23