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| Economy |
| Hewlett-Packard to cut up to 16,000 more jobs |
| 2014-05-23 |
| [BBC] Technology giant Hewlett-Packard (HP) announced an 18% rise in profits to $1.3bn for the second quarter in statement that was accidently released before US stock markets closed. But the firm said that despite rising profits, it plans to lay off an additional 11,000 to 16,000 workers. HP had previously announced it would cut 34,000 jobs as part of a restructuring announced in 2012. Shares in HP fell after the early release of the news. |
| Posted by:Fred |
| #5 Look at the back of any HP computer and you'll see that it's made in China. Call for support and you'll get to talk to somebody in India. So who needs American workers anyway? After all, it's a global economy, right? Who needs American workers and who needs America? HP no longer has a sales force either. They use third party channel suppliers to sell the computers for them. When former HP CEO Carly Fiorina ran for Senate in California against liberal firebrand Barbara Boxer I could not vote for her. I ended up voting for a third party candidate. I understand that Chinese and Indian workers are cheaper but I wanted to hear Fiorina at least say something about why we can't make computers in American anymore. When she never did I figured she's not looking for a solution, she's part of the problem. And then there was Itanium, supposedly the successor to the RISC chip that was going to power the HP-UX server OS that was such a work horse all during the 80's, 90's and 2000's. But Itanium was a flop. Then Larry Ellison announced that his Oracle database software would no longer be ported to HP-UX. But all Ellison did was to see the writing on the wall. HP itself had given up on HP-UX in favor of Linux. All they're doing now is retailing Chinese built computers designed to run either Linux or Windows. Anybody can do that. So, for that matter, who needs HP? |
| Posted by: Ebbang Uluque6305 2014-05-23 12:29 |
| #4 HP tied itself to MicroBorg. MicroBorg has been ignoring the masses who wanted a OS that was user friendly and not designed for programmers and the corporate mantra to force it all through one portal. Then came tablets with the OS so many wanted. MicroBorg became just another Big Iron IBM. HP is stuck with it. It was a good ride while it lasted. |
| Posted by: Procopius2k 2014-05-23 09:09 |
| #3 HP is not alone in it's quest for foreign workers. The outsourcing of IT to China, India, and elsewhere is also on the increase. The economic deconstruction of the American economy continues. |
| Posted by: Besoeker 2014-05-23 03:09 |
| #2 but an increase in H1B hires "If a foreign government had imposed this system of education on the United States, we would rightfully consider it an act of war. Glenn T. Seaborg, National Commission on Education, 1983" |
| Posted by: g(r)omgoru 2014-05-23 02:37 |
| #1 but an increase in H1B hires |
| Posted by: Frank G 2014-05-23 02:19 |