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HP adds to layoff tally, now plans 29,000 job cuts
http://money.msn.com ^ | 09/10/2012 | n/a

Posted on 09/10/2012 1:40:48 PM PDT by massmike

Hewlett Packard now plans to layoff 29,000 employees, increasing the total number of job cuts by 2,000 over the next two years as it tries to kickstart growth.

HP, which will cut jobs through a combination of involuntary cuts and early retirement offers, expects to take charges of about $3.3 billion through the end of HP's 2014 fiscal year for the workforce reductions, it said in a regulatory filing on Monday.

HP will likely have cut 11,500 jobs by end of fiscal 2012, the company has said.

(Excerpt) Read more at money.msn.com ...


TOPICS: Front Page News; News/Current Events; US: California
KEYWORDS: 2012; bhoeconomy; democrats; economy; hp; nobama2012; obama; sourcetitlenoturl; unemployment
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1 posted on 09/10/2012 1:40:56 PM PDT by massmike
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To: massmike

But... But... the recovery...?


2 posted on 09/10/2012 1:41:58 PM PDT by verum ago (Be a bastard, and Karma'll be a bitch.)
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To: massmike

Kodak announced 1000 layoffs today also.


3 posted on 09/10/2012 1:44:02 PM PDT by ez (When you're a hammer, everything looks like a nail.)
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To: verum ago

Racist!


4 posted on 09/10/2012 1:45:07 PM PDT by ransomnote
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To: massmike
Samsung got a $1.05 Billion fine for copying Apple.
Then, HP comes out with this:

This looks like a pretty flagerant copy - perhaps HP would have been better off just abandoning the PC market when they made that announcement several months ago. HP can't afford a $1 Billion dollar judgement.

5 posted on 09/10/2012 1:45:48 PM PDT by Hodar (A man can fail many times, but he isn't a failure until he begins to blame somebody else.- Burroughs)
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To: massmike
Unexpected ©
6 posted on 09/10/2012 1:46:10 PM PDT by tomkat ( my king of indifference trumps your race card EVERY time)
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To: massmike

And yet the GOP thought it was a good idea to put Meg Whitman up against Moonbeam for governor.


7 posted on 09/10/2012 1:48:46 PM PDT by dfwgator (I'm voting for Ryan and that other guy.)
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To: ransomnote
Racist!

Damn, you can see right through me!
8 posted on 09/10/2012 1:52:10 PM PDT by verum ago (Be a bastard, and Karma'll be a bitch.)
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To: dfwgator

GREAT point!


9 posted on 09/10/2012 1:54:04 PM PDT by GOPsterinMA (The Glove don't fit, but it's better than a burqa.)
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To: ez

“Kodak announced 1000 layoffs today also.”

Was that their last 1000 employees, or is there still someone left to turn out the lights?


10 posted on 09/10/2012 2:29:26 PM PDT by catnipman ((Cat Nipman: Vote Republican in 2012 and only be called racist one more time!))
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To: massmike

My libtard brother has been with HP for 35 years. My dad tells me that my brother is about to take an early retirement package as a part of this down-sizing.

Thing is, he’s black, so isn’t that racist? I’m confused.


11 posted on 09/10/2012 2:29:35 PM PDT by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: dfwgator

Meg’s cleaning up the mess left by the last two CEOs.


12 posted on 09/10/2012 2:31:15 PM PDT by Purrcival (Herman Cain 2012 (*sigh*))
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To: All

There are some tech-savvy folks here. I could use some advice.
I had experience with a couple good HP professional/business black and white (fast, reliable) printers over the years and went shopping for one for myself.
But the clerk told me HP quality isn’t what it used to be, based on printers coming in for repairs, and recommended the Brother brand. Thoughts? Thanks in advance.


13 posted on 09/10/2012 2:46:30 PM PDT by tumblindice (Sic Semper Tyrannis)
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To: tumblindice

I’ve seen HP printers go downhill over the past few years.

Their PC/laptops have been poor for several years and I don’t recommend them to anyone.

I have heard good things about Brother laser printers and am probably going to go with one fairly soon.


14 posted on 09/10/2012 3:10:32 PM PDT by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)
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To: wally_bert

Thanks! Me too.


15 posted on 09/10/2012 3:21:11 PM PDT by tumblindice (Sic Semper Tyrannis)
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To: wally_bert
If you are not printing tons and tons (the reason someone would buy a laser), check out Epson’s Workforce 645. Often goes on sale for around $100, slightly more than the cost of the cartridges. Great output quality and extremely fast (you will be surprised). A bit noisy but so quick it compensates for having something else clattering on for 3 times as long. Get the #127 cartridges for extended capacity. I believe they are cheaper but haven't measured it.
16 posted on 09/10/2012 3:28:24 PM PDT by jwsea55
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To: massmike

HP has offices in Texas. Bush’s/Perry’s fault!


17 posted on 09/10/2012 3:30:20 PM PDT by a fool in paradise (The guy who was going to stop the rise of the oceans now can’t even fend off a few raindrops.)
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To: jwsea55; massmike
Great output quality and extremely fast (you will be surprised). A bit noisy but so quick it compensates for having something else clattering on for 3 times as long. Get the #127 cartridges for extended capacity. I believe they are cheaper but haven't measured it.

sorry on the underlining...screwed up my tags

Should read

Great output quality and extremely fast (you will be surprised). A bit noisy but so quick it compensates for having something else clattering on for 3 times as long. Get the #127 cartridges for extended capacity. I believe they are cheaper but haven't measured it.

18 posted on 09/10/2012 3:32:14 PM PDT by jwsea55
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To: a fool in paradise

They destroyed what’s left of EDS.


19 posted on 09/10/2012 3:32:14 PM PDT by dfwgator (I'm voting for Ryan and that other guy.)
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To: catnipman
“Kodak announced 1000 layoffs today also.”

Was that their last 1000 employees, or is there still someone left to turn out the lights?

I thought the same thing...(I wonder if Kodak's locomotive is for sale!!)

20 posted on 09/10/2012 3:35:50 PM PDT by ExCTCitizen (Yes, Obama, I had help with my business. MY CUSTOMERS!)
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