HP Prime or HP 50g

[Craig Thomas]

(10-07-2014 07:45 PM)Tim Wessman Wrote:  

(10-07-2014 07:23 PM)Craig Thomas Wrote:  Hp IS on the verge of laying off 50,000 or more people, according to the latest news.

Um, no. They've been laying off (retirement offers) for months now. They did announce 5000 more, but that 55k isn't correct.

However, your statement is true. You or I have no idea if they decide to close things down tomorrow. Big companies are like that unfortunately. :-(

"HP today confirmed yesterday's report that it plans to split itself into two companies, one for PCs and printers and another for business technology and services. HP also said its layoffs, which are already in full swing, will affect 55,000 people by the time they're done. For comparison's sake, Google's entire employee base is 47,756.

HP had 317,000 employees as of October 2013. The company got rid of 36,000 people by July of this year. HP was planning total "employee reductions" of 45,000 to 50,000 people, but it will now push that to 55,000 "to fund investment opportunities in R&D and sales," the company said in a presentation for investors today."

This would imply another 19,000 layoffs.

Hope you guys survive the cut.

Craig