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Huge HP layoff (10,000-25,000) expected any day [View All]

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Newsjock Donating Member (1000+ posts)  Journal Click to send private message to this author Click to add this author to your buddy list Click to add this author to your Ignore list Fri Jul-15-05 10:59 AM
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Huge HP layoff (10,000-25,000) expected any day
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http://www.mercurynews.com/mld/mercurynews/business/121...

By Therese Poletti
Mercury News

Hewlett-Packard could announce the layoff of as many as 10,000 to 25,000 employees next week as part of a plan to restructure the Palo Alto technology giant, according to Wall Street analysts.

Such a shake-up has been anticipated since HP Chief Executive Mark Hurd replaced ousted CEO Carly Fiorina in April. Some HP workers have taken to calling the expected reorganization ``the Big One.''

... On Thursday, Cindy Shaw, an analyst at Moors & Cabot, issued a report citing a Silicon Valley insider who said HP may announce a management reorganization as early as Monday that could include widely expected layoffs. Shaw's report was the first to predict job cuts could be as high as 25,000. HP employs 9,000 people in the Bay Area and 150,000 people worldwide.

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  Huge HP layoff (10,000-25,000) expected any day Newsjock  Jul-15-05 10:59 AM   #0 
   Anytime Shill Cavuto spouts his rosy Bushconomy song and dance  HughBeaumont   Jul-15-05 11:03 AM   #1 
   But TWO DAYS AGO, Little Scotty McClellan said...  Bush_Eats_Beef   Jul-15-05 11:07 AM   #2 
   Oh my G_d, that is the most disgusting picture ever, is that Photoshopped?  bunny planet   Jul-15-05 11:53 AM   #8 
   It better be, I just threw up a little in my mouth.  Neshanic   Jul-15-05 01:13 PM   #13 
   It's real, except chimpy is in Rove's place.  Lindacooks   Jul-15-05 01:38 PM   #15 
      Dare I say  XemaSab   Jul-15-05 02:20 PM   #17 
      Well, half and half maybe...McCain's nuts, but I don't think he has a  leesa   Jul-16-05 05:11 PM   #39 
         You don't think  XemaSab   Jul-16-05 10:37 PM   #42 
      Yes I remember McCain's pathetic hugging of Chimpy, just didn't remember  bunny planet   Jul-15-05 04:11 PM   #25 
      Linda, I am exactly there with you  Skittles   Jul-16-05 04:41 PM   #34 
   Thanks for the laugh!  0007   Jul-15-05 01:00 PM   #11 
   Pre-Carly HP would put employees on 4-day week with 15% pay reduction  TahitiNut   Jul-15-05 11:11 AM   #3 
   I predict HP will go the same way Digital did.  Mairead   Jul-15-05 11:44 AM   #7 
   The Deccies still suffer  ramapo   Jul-15-05 01:50 PM   #16 
      yes the toner products get an enormous markup according  barb162   Jul-16-05 04:52 PM   #35 
   Yes, I know a lifer at HP and pre Carly, all the tech people loved  barb162   Jul-15-05 02:34 PM   #22 
   Are they being 'Bangalored' ? And with GM layoffs of 25K  EVDebs   Jul-15-05 11:14 AM   #4 
   "Are they being 'Bangalored'?"  area51   Jul-15-05 03:33 PM   #24 
      And the H1B and L1 visas aren't supposed to displace US workers  EVDebs   Jul-15-05 05:54 PM   #31 
   ex CEO carly forina got a $21,000,000 severance package, will others?  kodi   Jul-15-05 11:20 AM   #5 
   poor thing, i'm gonna send her a card, on 21 million, how will she  chimpsrsmarter   Jul-15-05 02:26 PM   #20 
   so what is the real story.? Going to China.. WE have to BOYCOT this shit !  sam sarrha   Jul-15-05 11:32 AM   #6 
   No worry there are plenty of 21st century employment opportunities  The_Casual_Observer   Jul-15-05 12:01 PM   #9 
   There's a wal-mart  XemaSab   Jul-15-05 02:22 PM   #18 
   opprtunities  shantipriya   Jul-15-05 04:12 PM   #26 
      Ah yes, a 2 year community college certificate in criminal justice  The_Casual_Observer   Jul-15-05 04:41 PM   #29 
   CEO Hurd  Robert Oak   Jul-15-05 12:55 PM   #10 
   Carly was HP's Mothra, with better clothes.  Neshanic   Jul-15-05 01:12 PM   #12 
   Woo-hoo! Look at that * job machine go!  mbperrin   Jul-15-05 01:14 PM   #14 
   HP has a campus in Folsom Ca. which may be hit hard  chimpsrsmarter   Jul-15-05 02:25 PM   #19 
   Fucking great...  mconvente   Jul-15-05 02:27 PM   #21 
   Deleted message  Name removed   Jul-15-05 03:00 PM   #23 
   Doesn't HP have a bunch of employees in TEXAS???  loudsue   Jul-15-05 04:23 PM   #27 
   RE: HP  Orion The Hunter   Jul-15-05 04:31 PM   #28 
   Soon, American citizens will be fighting with undocumented immigrant  Zorra   Jul-15-05 04:46 PM   #30 
   Sad part if the undocumented's have more rights than the nativeborn !  EVDebs   Jul-16-05 04:08 PM   #33 
   yes, that's where we are going. WHen are people going to rise up  barb162   Jul-16-05 04:55 PM   #36 
   Hey, but....  Megahurtz   Jul-15-05 06:30 PM   #32 
   he should explain where they are ; he can't even get his 320,000  barb162   Jul-16-05 04:56 PM   #37 
   Same story over and over,  agincourt   Jul-16-05 05:08 PM   #38 
   What makes this even more disgusting...  thoughtanarchist   Jul-16-05 05:14 PM   #40 
   So be it...this is what the Bush supporters want.  leesa   Jul-16-05 05:20 PM   #41 
 

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