[Info-vax] HP to axe 30,000 jobs to cut costs

JF Mezei jfmezei.spamnot at vaxination.ca
Fri May 18 14:03:00 EDT 2012


Paul Sture wrote:
> http://www.ft.com/intl/cms/s/0/09411f3c-
> a054-11e1-88e6-00144feabdc0.html#axzz1vCHQVMBD


This is behind a paywall.

news.google.com can help you find many articles that are open to read
such as  retuers article:

http://ca.reuters.com/article/technologyNews/idCABRE84G16320120517

This above quotes 25,000 jobs (8 to 10% of workforce estimated at 300,000)

Another article says the workdforce is at 350,000 and says the cuts are
30k jobs.

When HP makes the official announcement, we may get an inkling of where
Whitman intends to take HP. Or it may be a vague announcement without
any mention of targetted cuts and it will take a ful year before we get
to know where cuts are happening.

Consider the cust in VMS engineering. A decision would have had to have
been made at a high level quiet a bit fo time before employees were told
and forced to sign NDA and there were a number of months before word got
out of what was happening.





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