HP screwed the pooch when they got out of the Test Equipment business. That market will always be there. Agilent, the company that bought HP’s Test Equipment division has crappy customer support and the quality of the gear has gone down significantly.
And yet they are bringing in contractors.
oooh snap.
That’s gonna leave a mark.
That’s gonna leave a mark.
welcome to the Obama double dip recession!
Obama’s Fault!!
Doesn’t surprise me. Who needs a copier today when everyone is scanning. I am surprised that Kinko’s hasn’t gone out of business yet. These businesses need to keep up with the times or they will be gone. Get with it companies!!!
I'm guessing that my uber lib, Obama loving brother will finally get his pink slip in this go-round of fat trimming. He's been with H-P since the late 70's, and has somehow avoided all previous down-sizings. He's a sharp cookie, but way long in the tooth, and probably doesn't even do half the work a newbie would do in the same position.
Unfortunately, he'll never put two and two together when the axe falls. It's just not going to occur to him that the political, cultural, and social policies he's supported all these years, are the root cause of him losing his cushy position.
Good luck with your 'retirement', bro.
I have stopped buying HP computers or printers. Expensive crap. They’ve apparently built their printers to stop working after a certain period. Not the mechanics but the software.
What a shame that HP isn’t Federal HP. Then they could push propaganda and bribe everyone in the book, and enact forced HP-Care.
Then when HP-Care initially fails, use seeding propaganda to bring it back for the benefit of the insiders, using all kinds of propaganda speak, such as:
“we still need reform”,
“start over”...,
“it’s costing “Americans” way to much,”,
“we still need reform”,
“HP-Care is top priority in lowering the deficit”,
“It’s for the children,”
Bill and Dave are probably glad they’re not around any more to watch this. I worked for HP for 5 years and saw the place go downhill fast what with the Bangalore experiment and hiring Carly Fiorina (gee - she hosed Lucent, think how good she’ll be here?). Ah well. Good luck HP’ers - you’re going to need it in Obama’s economy.
FRegards,
PrairieDawg
Not surprising since their products are such crap and their customer service stinks.
Wow, Just think Meg Whitman could be destroying...I mean running California.
Meg can only run something if she is not regulated and raise fees when she makes huge blunders.
HWPs problem was the misfortune of hiring a series of incompetent grossly overpaid CEOs whose priority was making illusionist short term profits and costly mergers only to increase their short term compensation, rather than focusing on making good product at competitive prices.
There are those who say Carly Fiorina screwed up both Lucent and HWP. Now she’s a Fox News pundit....lol. Mark Hurd was fired from HWP. Leo Apotheker was fired. Meg Whitman is a retailer, not technology visionary.
Yet those who got fired all walked away with golden parachutes for failure which has become the all too familiar mantra of failed US crony capitalism.
Too many CEOs are merely overpaid manager hacks only interested in making short term decisions affecting short term volatility. It is a function of crony capitalism. If they fail they still get paid well when they should get nothing or face liability.
Their compensation should be 75% based on results 5 years in the future and not from the latest quarter.
Are these layoffs in Blue or Red States? (Couldn’t read the entire article w/o subscribing to WSJ.)