Had a brief post on this last week, this is the scoop. HP plans to cut up to 30,000 workers. While attempting to increase effeciency.
In other words, HP is going to invest in trying to do the same amount of work with a smaller workforce — a popular move of late in the post-recession U.S. market. While that approach may indeed improve margins, it may also leave a bad taste in the mouths of some investors that had hoped HP would make more drastic changes to its cloud computing efforts, or invest in resurrecting its dead mobile device lineup.
The job cuts could be announced Wednesday, when HP is scheduled to report its quarterly earnings.
Quick, let’s have a show of hands … how many of you had a HP PC as your very first PC? We can’t see what you are doing but if we are betting men we would bet a lot of you reading this have your hands up now. So that makes today’s developments even more interesting.
Yep that was me. First laptop too. The local chains discount them heavily, so why not? They have all been good reliable machines. So have the Dell servers I have bought over the years.