[Info-vax] HP to axe 30,000 jobs to cut costs
JF Mezei
jfmezei.spamnot at vaxination.ca
Sat May 19 13:13:15 EDT 2012
Arne Vajhøj wrote:
> Other sources say 25000.
>
> But Meg seems ready to act now.
Anytime a CEO announced future job cuts with high and rounded numbers,
it is bad news. Bad news because the cuts are dictated by the top
irrespective of staffing levels that are really needed.
I much prefer a CEO who announces "during the last quarter, we have
looked at efficiencies gained by the merging of the PC and printer group
and have been able to eliminate just over 5000 jobs."
Cutting jobs for the sake of cutting jobs (aka: please wall street
casino analysts) generally does nothing to rebuild the company because
such cuts often affect the company's ability to keep quality/service and
R&D intact.
And a CEO imposing such job cuts on his/her company usually means he/she
doesn't trust the VPs and managers to identify redundant jobs that could
be cut. This should be a continuous process, not a "spring cleanup,
we'll cut 25k jobs" that happens once every year.
So I see this as a negative for Meg Whitman. I had, until now, hoped she
could be different and really put some life back into HP.
Ironic that people now realise that HP is in bad shape in part because
Hurd cat cut too much, and now, Whitman is starting the same thing.
More information about the Info-vax
mailing list