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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RE: Actual HP employee
by Soulbender on Sun 25th Nov 2012 02:44 UTC in reply to "Actual HP employee"
Soulbender
Member since:
2005-08-18

But would you say the same thing if you where one of the 29k?

I do agree with you though, the enterprise end is where HP is strong. The X86/AMD servers and the Procurve line of switches are excellent products.

Reply Parent Score: 3

RE[2]: Actual HP employee
by akro on Sun 25th Nov 2012 03:24 in reply to "RE: Actual HP employee"
akro Member since:
2005-07-06

If I was or will WFR'ed be is irrelevant to the facts that HP would still need to reduce headcount. Of course my feelings would be a little bit more jaded and make no mistake I really am not happy with all of this...or the actions of HP for the last 8 years or so.

Reply Parent Score: 2