Top Leaderboard, Site wide
Shop the Truthdig Gift Guide 2014
December 20, 2014
Truthdig: Drilling Beneath the Headlines
Sign up for Truthdig's Email NewsletterLike Truthdig on FacebookFollow Truthdig on TwitterSubscribe to Truthdig's RSS Feed

Get Truthdig's headlines in your inbox!


Loss of Rainforests Is Double Whammy Threat to Climate






Truthdig Bazaar
The New Old World

The New Old World

By Perry Anderson
$26.37

more items

 
Ear to the Ground

Hewlett-Packard Expected to Ax 30,000 Jobs

Email this item Email    Print this item Print    Share this item... Share

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.

Read more

More Below the Ad

Advertisement

Square, Site wide
TAGS:


Get truth delivered to
your inbox every week.

Previous item: Deliberations to Begin in Edwards Trial

Next item: Quebec Moves to Quash Student Protests With Harsh Fines



New and Improved Comments

If you have trouble leaving a comment, review this help page. Still having problems? Let us know. If you find yourself moderated, take a moment to review our comment policy.

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 .

Report this
 
Monsters of Our Own Creation? Get tickets for this Truthdig discussion of America's role in the Middle East.
Right 1, Site wide - BlogAds Premium
 
Right Skyscraper, Site Wide
Right 2, Site wide - Blogads
 
Join the Liberal Blog Advertising Network
 
 
 

A Progressive Journal of News and Opinion   Zuade Kaufman, Publisher   Robert Scheer, Editor-in-Chief
© 2014 Truthdig, LLC. All rights reserved.

Like Truthdig on Facebook