HP Forum Archive 15

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The New HP Way: Cut More Jobs Message #1 Posted by I, Claudius on 19 July 2005, 8:19 a.m. http://news.bbc.co.uk/1/hi/business/4696567.stm http://money.cnn.com/2005/07/19/technology/hp_restructuring/index.htm Edited: 19 July 2005, 8:22 a.m.

Re: The New HP Way: Cut More Jobs Message #2 Posted by Arnaud Amiel on 19 July 2005, 9:26 a.m., in response to message #1 by I, Claudius These are big cuts indeed. In an other article I read that the cuts will concentrate on where hp does not meet its competitors' performance. How will this affect the calculators division? Edited: 19 July 2005, 9:26 a.m.

Re: The New HP Way: Cut More Jobs Message #3 Posted by Jim Creybohm on 19 July 2005, 9:39 a.m., in response to message #2 by Arnaud Amiel Those of us who are facetious would say "Not at all". Seriously though, I am glad to see that some of the cuts are coming into the accounting sections and the IT group. (IT group? The hardware people, the software people, or the support people?) Having said that however, I am less inclined to think that the calculators division will survive the next four years unless they find a killer application/platform. 12345

Re: The New HP Way: Cut More Jobs Message #4 Posted by Bill Wiese on 19 July 2005, 3:39 p.m., in response to message #2 by Arnaud Amiel I'm hearing that lots of the cuts will be in services/support groups - the 'consulting' groups that compete w/Big 4 accounting firms, IBM, Sun etc for customer tech implelemtations. From what I've heard, much of the cuts in these groups will happen in Europe, apparently. IBM did this too a few months ago. European econimic growth just isn't there. The calculator group is so small CEO Mark Hurd may not even know it exists. Dollar-wise compared to HPs other groups it's "in the noise". Even if it were brilliantly executing and was growing well it could still be cut since it's "small potatoes". Bill Wiese San Jose CA

Re: The New HP Way: Cut More Jobs Message #5 Posted by Arnaud Amiel on 20 July 2005, 3:32 a.m., in response to message #4 by Bill Wiese Quote: Even if it were brilliantly executing and was growing well it could still be cut since it's "small potatoes". That is what I fear.

Re: The New HP Way: Cut More Jobs Message #6 Posted by Eric Smith on 19 July 2005, 2:51 p.m., in response to message #1 by I, Claudius A better solution would be for them to build a "B Ark" for the upper and middle management. But managers usually aren't willing to lay themselves off; they blame any problems on their underlings, who blame it on theirs, and so it's the individual workers, most of whom were hard-working and contributing directly to the bottom line, who get sacked. The managers that made the stupid decisions that hurt the company's P&L usually stick around forever. Sigh.

Re: The New HP Way: Cut More Jobs Message #7 Posted by Pierre Lagrange on 19 July 2005, 4:45 p.m., in response to message #6 by Eric Smith Hi, I suggest you look at the press release from this afternoon. The remarks made here are more or less very different from the real story and do not give credit to the big design behind the change plan. Pierre

Re: The New HP Way: Cut More Jobs Message #8 Posted by Frank K on 21 July 2005, 6:51 a.m., in response to message #7 by Pierre Lagrange Let's face it, this is still fall out and clean up from lack of performance under Carly along with Compaq acquisition. I'd still like to see HP return to the company it once was, but it's probably not in the cards.

Re: The New HP Way: Cut More Jobs Message #9 Posted by Jim Creybohm on 22 July 2005, 9:35 a.m., in response to message #8 by Frank K Not to beat a dying or dead horse, but this morning (July 22/05) I read that HP has disbanded it Advanced SOftware Research Team and laid off Alan Kay - inventor and visionary. Oh yeah, HP is definitely on the right track....

Re: The New HP Way: Cut More Jobs Message #10 Posted by Eddie Shore on 22 July 2005, 10:13 a.m., in response to message #1 by I, Claudius BOOOOOOOOOOOO!!!! Sorry, but I always hate it when companies cut thousands of jobs.

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