Linked by Howard Fosdick on Fri 23rd Nov 2012 14:03 UTC
In the News Hard to believe, but articles are popping up at business websites claiming that venerable Hewlett-Packard may fail. In their most recent fiasco, HP wrote off a loss of $8.8 of their $11.1 US billion acquisition of Autonomy and have alleged fraud in the deal. Revenue is down 7% from a year ago and the stock has hit a 10-year low. The company is laying off 27K employees but that may not be enough. Some speculate HP might be broken up into parts with buy-outs involved. This article from last May offers a good in-depth analysis of how all these problems came to pass.
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Comment by Zaitch
by Zaitch on Fri 23rd Nov 2012 16:08 UTC
Zaitch
Member since:
2007-11-23

Feels similar to the downfall of Sun this, albeit without the alleged fraud. Too big to exert sufficient control and execute a coherent strategy over the disparate parts of the business, especially if the leadership isn't strong enough.

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