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Ear to the Ground

Hewlett-Packard Expected to Ax 30,000 Jobs

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Posted on May 18, 2012
wlodi (CC BY-SA 2.0)

Hewlett-Packard, one of the world’s biggest computer and software corporations, is expected to cut as many as 30,000 jobs—8 percent of its workforce—as consumer demand for oversized PCs fades in favor of sleek, compact tablets, like Apple’s iPad. —ARK

The Guardian:

The computer and software company, which employs 324,600 people worldwide, is expected to announce it is cutting 8% of its workforce when it updates shareholders on its latest financial results on Wednesday.

The cuts come as HP’s new chief executive, Meg Whitman, gets to grips with the company’s recent fall from grace as consumers ditch bulky PCs in favour of tablets, such as Apple’s iPad. Analyst say it has also failed to keep pace with the switch to cloud computing.

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vector56's avatar

By vector56, May 20, 2012 at 6:04 am Link to this comment

Also, HP makes “junk”; substandard laptops such as the Pavilion dv9000 that overheat due to a manufacturing defect. HP does a poor job of backing their defective products and many class action law suites are in the courts as we speak.

As far as cutting jobs; most of the work is subcontracted to Foxxcon .

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