Quantcast
Jump to content

PreCentral: HP ups layoffs count by two thousand; 29,000 positions gone by 2014


News Reporter

Recommended Posts

HP ups layoffs count by two thousand; 29,000 positions gone by 2014

In HP's seemingly unending quest to quell the bleeding, the company's employees have been in the firing line since May. Back then, CEO Meg Whitman announced that HP was looking to cut its 300,000-man workforce by 27,000. Today brought the news that another 2,000 positions are on the chopping block, as per a 10-K filing HP sent to the SEC. The new 29,000 total reduction count will reduce HP's workforce by over eight percent.

HP hopes that a portion of those employees will leave HP as part of a "voluntary enhanced early retirement" program in the U.S. Given the current economic and jobs climate, getting enough workers to voluntarily depart HP () and lose their benefits like healthcare coverage to make a dent in the expected layoff count has and will continue to be an ongoing hurdle.

The restructuring plan and accompanying workforce reductions are expected to result in a total of $3.3 billion in accounting charges resulting from costs relating to the early retirement and severance packages from the layoffs. An additional $400 million in restructuring costs will come from consolidations in and data centers.

mf.gif


a2t.imgQDw_ikBglko

link hidden, please login to view
Link to comment
Share on other sites

  • Replies 0
  • Created
  • Last Reply

Top Posters In This Topic

Popular Days

Top Posters In This Topic

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Similar Topics

    • By Rob Infantino
      We have two LG OLED TVs. WebOS appears differently on each. And we are able to download the Paramount+ app on one TV, but not on the other.
      OLED65C7P (older) running software version 6.00.25
      WebOS TV Version 3.9.0-62709
      Does not allow the Paramount+ app to be installed
      OLED65C9PUA (newer) running software version 5.10.25
      WebOS TV Version 4.9.3-5340808
      Allows the Paramount+ app to be installed
      How can we get WebOS to appear the same on both TVs?
       
    • By ssaguiar
      I am developing an app wich is a video player for an iptv provider.
      The app is based on html5, css and javascript.
      At this point everything done till now is working and tested in 5 different browsers and in a Samsung smart tv.
      The problem is that when I installed this app in a LG tv it messed up all the interface.
      After searching for the problem I discovered that the use og css grid was the problem.
      LG WebOs doesn't have support for the grid system? The css grid exists at least from 2017.
      Any clues on how to solve this problem or I have to rewrite one version of the app only for the LG?
       
      Thanks for any help.
    • By Kavitha
      Model: 42UB700T-TH version 03.02.25. Has not got any software update since  3-4 Years - What a mess...…
      This TV is just a random box now... Once purchased this model - new version from LG was introduced; making this just a playing box...
      None of the recent OTT's can be installed..
      We need a fix or else some solution to it.
      Its really a disheartening experience after being loyal to this brand in any appliance we purchase.
    • By Chris Jones
      Hi,
      My TV is driving me nuts!
       
      I keep getting reminders for programs starting for programs I don’t watch or have never watched and 2. The tv even switches on for scheduled programs that I haven’t set.. actually I have only ever set one program reminder and that has now been deleted.
       
      I can’t see any programs in the reminder page or anywhere in the tv programmer?
       
      Short of resetting the tv I don’t know what else to try? And I don’t really want to do that until I know how the tv ended up like this? Plus I don’t want to have to reload and sign in to all my apps 😬
    • By Kula
      Hi,
      How can i delete the Accuweather widget and set the Fireworks color Screensaver again? 
      Tnx
      Best Regards 
      Dragan K.

×
×
  • Create New...