Hewlett-Packard Plans To Cut Up To 30,000 Jobs

IBD ^ | 2015 September 15 | Russ Britt

[CutePuppy]

Short columns from sources on the Excerpt List must be excerpted to 50% at all times.

[CutePuppy]

[Reposted as excerpt.]

The post-split consumer unit HP Inc,. will be what used to be known pre-merger as HP; the fast-growing HP Enterprise will mostly comprise what used to be known as Compaq. This once again validates the Fiorina's vision behind the acquisition / merger of plodding, rotting HP printer and disk company with then-leading enterprise server and laptop Compaq.

The Republican business women seem to know how to cut expenses and redundancies in underperforming businesses. Maybe they could've applied this in the government sector, too. Democrats (and too many "kinder and gentler Bush Republicans") in government seem not capable of that — and are always looking to increase the size and the corresponding "revenue" and when that fails, they'll keep looking for more of the same.

Given that the restructuring is affecting the Enterprise unit, the U.S. will bear the brunt of the workforce cuts. However, it would be mostly in sales, so many of the laid off could find jobs in the channel what will essentially take over, if they so desire — the compensation package is likely to be less generous than at HP.

[null and void]

And, just out of curiosity, how many H1-Bs are they hiring in the same timeframe?

[Wolfie]

Beat me to it.

[9YearLurker]

All their competition is using H1-Bs.

[CutePuppy]

           

           

           

           

A significant number of companies are losing revenue due to a lack of available skilled candidates for open job positions, according to a recent survey from CareerBuilder. Computer programmers and employees in other science, technology, engineering and mathematics (STEM) professions are particularly in great demand. Due to increasing urgency over the job vacancies, some of the survey respondents support lifting the cap on H-1B visas. (These visas allow businesses to employ foreign workers who are highly skilled in specialized occupations, including computer programming and other high-tech jobs.) There is controversy over such a proposal, however, as far more employers oppose expanding these opportunities for foreign professionals, survey findings reveal. "There's continued debate around whether we should be importing workers to fill high-skill jobs or investing in educating the labor pool that already exists on our shores," said Matt Ferguson, CEO of CareerBuilder and co-author of The Talent Equation. "The answer is both. We need to close the information gap in the U.S. and educate workers on which skill sets are in high demand, so they can pursue those career paths. ... At the same time, we need to make sure we're bringing in experts from other countries to work side by side with our experts in the U.S., so we can continue to innovate and grow the U.S. economy." More than 2,320 hiring managers and HR professionals took part in the research.

Dennis McCafferty is a freelance writer for Baseline Magazine. (Baseline, 2015-09-09)

[bert]

hib sales force? i doubt it

[wastoute]

There goes Fiorina.

[9YearLurker]

No, but the companies do use both H1-Bs and offshore labor. They pretty much all do.

[rarestia]

This goes to my point that American youth are not being sufficiently educated to compete with the capabilities of foreign STEM workers. I’m an engineer and can tell you that the last 3 domestic workers I had to train were sorely lacking even basic mathematical knowledge while trying to perform job duties that require an understanding of math and computer sciences.

Having to explain how a function works in a script is not what I would consider acceptable for a candidate trying to work in a higher tier IT shop. But then on the other side of the coin, the work I get out of many offshore resources is lackluster in quality and oftentimes late. It’s a difficult situation to overcome, and I don’t see an easy solution short of scrapping America’s BS education system and starting from scratch.

[CutePuppy]

No, but the companies do use both H1-Bs and offshore labor. They pretty much all do.

They pretty much have to. Larger companies can outsource offshore or onshore. For smaller companies outsourcing is more expensive and much more difficult, if not impossible, so they have to rely on H1B and EB2 / EB3 visas, to compete with behemoths.

[9YearLurker]

That’s right.

[Gen.Blather]

“It’s a difficult situation to overcome, and I don’t see an easy solution short of scrapping America’s BS education system and starting from scratch.”

BINGO! I was in high school when the WWII generation was just starting to retire and were being replaced by the ‘60’s hippies. The difference was amazing. Then, my final year, they started bussing and integration. The schools went from having their highest priority on education to a platform for preparing society for socialism and using it for social reforms.

Between my junior and senior years the system changed so radically I went from learning to simply trying to survive until the end of the day. I doubt I learned anything about academics that final year, not a thing. I did learn all about the reality of race relations and that Che was, like, some awesome radical dude.

[CutePuppy]

It’s a difficult situation to overcome, and I don’t see an easy solution short of scrapping America’s BS education system and starting from scratch.

That's a given and would be a good start to restore competitiveness, at least in certain fields. Short of that...

[McGruff]

Carly’s Fault.

[The Antiyuppie]

“I had to train were sorely lacking even basic mathematical knowledge while trying to perform job duties that require an understanding of math and computer sciences.”

Unfortunately, I must agree with you. Even worse, a lifetime of schooling in which “winning doesn’t matter” has made many (but not all!) lazy.

On the good news front, the few smart ones are pretty sharp. The smart are getting smarter, and the dumb are getting dumber - which (not coincidentally IMO) seems to mirror economic trends.

[Pentagon Leatherneck]

Please “splain C. Fiorino’s role in this. Seems to me a past CEO doesn’t have to account for the actions of her successors.

TC

[The Antiyuppie]

I have had several retired grade school and high school teachers tell me that 1972 (amazing, that they all mentioned that particular year) was “the last really good class”.

[Gen.Blather]

“I have had several retired grade school and high school teachers tell me that 1972 (amazing, that they all mentioned that particular year) was “the last really good class”.”

Yep. That was my last year. I was knocked out completely twice. We’d never heard of the knockout game then.

[DoodleDawg]

And, just out of curiosity, how many H1-Bs are they hiring in the same timeframe?

HP has a huge development staff in India already so they don't really need H-1Bs. I'd be willing to bet that few if any of those layoffs happen in Chenai.

[DoodleDawg]

Due to increasing urgency over the job vacancies, some of the survey respondents support lifting the cap on H-1B visas.

It used to be that if supply was not meeting demand then you raised the price you were willing to pay and the supply would increase. Now if supply is not meeting demand you claim the sky is falling and force Congress to increase the cheap supply.