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Hewlett-Packard to Cut About 30,000 Jobs
Keywords:
The poor decisions made by former CEO, Mark Hurd, leading to underinvestment in research and development and lack of funding for H-P Labs, leave H-P in a weaker position. The cuts were lauded at the time by the financial media but left the company with weaker technological capabilities. The distractions since 2005, with changing CEO's and lack of proper direction in the company, a weak board of directors, a large bureaucracy and inefficient sales force, and the emergence of low cost competitors from Taiwan, are hurting H-P's performance and capabilities. Meg Whitman, the current CEO, plans another round of layoffs, following the layoffs under Hurd. About 30,000 of 324,000 existing employees will be retired or laid off. H-P generated only $1.7 billion in net earnign on sales of $127 billion in fiscal 2011. In smartphones, cloud computing services and tablet computers, H-P has either stumbled or still struggles to develop clear winners.
Decisions by HP's Board of Directors that have come under strong criticism
09/10/2010
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Idea of Whitman at H.P. Distresses the Tech World
New York Times 09/21/2011
Hewlett-Packard Board Expected to Fire C.E.O.
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HP financial performance
05/17/2011
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Wall Street Journal 04/19/2013
H-P Has a Long, Hard Slog Ahead
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Hewlett-Packard Shareholders: Are You Really Being Served?
Wall Street Journal 05/24/2013
Lenovo Takes PC Sales Crown From H-P as Market's Slump Worsens
Wall Street Journal 07/11/2013
Wall Street Journal 08/22/2013
H-P's Sales Drop Again But Beat Expectations
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HP strategy- 2010-2012
02/09/2011
Grouped Articles
New York Times 02/09/2011
Chief Reboots H-P After Scandal
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Hewlett-Packard to Computers: Drop Dead
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HP under CEO Apotheker
01/15/2011
Grouped Articles
New H-P CEO Reprograms Strategy
Wall Street Journal 01/15/2011
New York Times 02/09/2011
Chief Reboots H-P After Scandal
Wall Street Journal 02/18/2011
Hewlett-Packard Hopes to End the Soap Opera
BusinessWeek 01/27/2011
H-P's Apotheker Must Formulate Hurd Antidote
Wall Street Journal 02/24/2011
H-P Under Fire for CEO's Role in Remaking Board
Wall Street Journal 03/10/2011
HP under Meg Whitman
10/23/2010
Grouped Articles
H-P Has a Long, Hard Slog Ahead
Wall Street Journal 05/24/2013
Wall Street Journal 10/23/2010
For H-P, Hopeful Signs in Its Hardware Push
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Defending H-P in Age of Tablets
Wall Street Journal 06/06/2012
H-P's Tech Revamping Begins to Pay Off
Wall Street Journal 03/25/2014
Hewlett-Packard Layoffs Reflect Effort to Keep Pace With Revenue Slide
Wall Street Journal 05/29/2014
HP's acquisitions and its investment bankers
10/07/2011
Grouped Articles
Behind the Woes at H.P. Bankers Lurk
New York Times 11/08/2011
A Board Complicit in MF Globals Bets, and its Demise
New York Times 11/09/2011
Hewlett-Packard to Cut About 30,000 Jobs
New York Times 05/17/2012
H-P Is Punished for Grim Outlook
Wall Street Journal 10/03/2012
Q&A With Autonomy Founder Mike Lynch on H-P Allegations
Wall Street Journal 11/20/2012
Autonomy Delivers Fresh Blow to London
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HP's printing division
02/14/2012
Grouped Articles
Defending H-P in Age of Tablets
Wall Street Journal 06/06/2012
Hewlett-Packard Plans to Break in Two
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Hewlett-Packard Is Said to Be Planning a Split of Businesses
New York Times 10/05/2014
Wall Street Journal 10/07/2014
H-P Outlines Up to 30,000 More Job Cuts
Wall Street Journal 09/16/2015
Hewlett-Packard’s Split: Which Is the Better Half?
Wall Street Journal 11/10/2015
The future of HP's PC division
09/26/2011
Grouped Articles
Microsoft Can't Keep Up in a Mobile World
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Wall Street Journal 01/14/2014
For H-P, Hopeful Signs in Its Hardware Push
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Defending H-P in Age of Tablets
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Hewlett-Packard Plans to Break in Two
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HP
11/22/2010
Hewlett Packard under new CEO Apotheker.
Grouped Articles
New H-P CEO Gives Few Hints on Strategy
Wall Street Journal 11/22/2010
New York Times 02/09/2011
Chief Reboots H-P After Scandal
Wall Street Journal 02/18/2011
Hewlett-Packard Hopes to End the Soap Opera
BusinessWeek 01/27/2011
Hewlett-Packard Delivers Poor Service
Wall Street Journal 05/18/2011
H-P Explores Quitting Computers as Profits Slide
Wall Street Journal 08/19/2011
HP management
06/14/2011
Grouped Articles
Defending H-P in Age of Tablets
Wall Street Journal 06/06/2012
H-P's Tech Revamping Begins to Pay Off
Wall Street Journal 03/25/2014
Hewlett-Packard Layoffs Reflect Effort to Keep Pace With Revenue Slide
Wall Street Journal 05/29/2014
Hewlett-Packard Plans to Break in Two
Wall Street Journal 10/06/2014
Hewlett-Packard: Will Slimmer Make Stronger?
Wall Street Journal 10/07/2014
H-P Outlines Up to 30,000 More Job Cuts
Wall Street Journal 09/16/2015
HP strategy 2012-2015
10/07/2011
Grouped Articles
Wall Street Journal 04/19/2013
Hewlett-Packard Shareholders: Are You Really Being Served?
Wall Street Journal 05/24/2013
Lenovo Takes PC Sales Crown From H-P as Market's Slump Worsens
Wall Street Journal 07/11/2013
H-P's Sales Drop Again But Beat Expectations
Wall Street Journal 11/27/2013
Wall Street Journal 01/14/2014
For H-P, Hopeful Signs in Its Hardware Push
Wall Street Journal 02/21/2014
HP under Mark Hurd- 2005-2010
04/03/2006
Grouped Articles
H.P.âs Board Blunders, in Hurdâs Dismissal and After
New York Times 09/10/2010
Hurd's Big Challenge at H-P: Overhauling Corporate Sales
Wall Street Journal 04/03/2006
H-P Explores Quitting Computers as Profits Slide
Wall Street Journal 08/19/2011
Wall Street Journal 08/19/2011
H-P Needed to Evolve, CEO Says
Wall Street Journal 08/23/2011
Economist 08/27/2011
HP's acquisition of U.K. software firm Autonomy
08/18/2011
Grouped Articles
Wall Street Journal 04/19/2013
Hewlett-Packard’s Then-Chairman Ray Lane Tried to Quash Autonomy Acquisition
Wall Street Journal 09/26/2015
Wall Street Journal 08/18/2011
Hewlett-Packard to Computers: Drop Dead
Wall Street Journal 08/18/2011
H-P Explores Quitting Computers as Profits Slide
Wall Street Journal 08/19/2011
Wall Street Journal 08/19/2011
HP's credit rating downgrade
10/07/2011
Grouped Articles
Wall Street Journal 04/19/2013
S&P Cuts H-P Rating by Two Notches
Wall Street Journal 11/30/2011
Hewlett-Packard to Cut About 30,000 Jobs
New York Times 05/17/2012
H-P: Swap Buybacks for Paybacks
Wall Street Journal 07/31/2012
Wall Street Journal 08/14/2012
H-P Is Punished for Grim Outlook
Wall Street Journal 10/03/2012
HP's Tablet - the TouchPad
09/23/2010
Grouped Articles
Wall Street Journal 04/19/2013
HP's New Tablet Could Be an iPad Spoiler
BusinessWeek 09/23/2010
Defending H-P in Age of Tablets
Wall Street Journal 06/06/2012
Wall Street Journal 02/10/2011
New York Times 02/09/2011
Wall Street Journal 07/01/2011
View from the Top: HP's Mark Hurd interviewed by Bartiromo.
04/03/2006
Hurd sees an alignment of hardware infrastructure capabilities with software and services capabilities in the new HP.
Grouped Articles
Mark Hurd of HP Isn't Resting on His Laurels
BusinessWeek 09/24/2009
Hurd's Big Challenge at H-P: Overhauling Corporate Sales
Wall Street Journal 04/03/2006
H-P Explores Quitting Computers as Profits Slide
Wall Street Journal 08/19/2011
H-P Needed to Evolve, CEO Says
Wall Street Journal 08/23/2011
Ah, the efficient private sector. Take the soap opera at HP, for instance. - The Washington Post
Washington Post 09/25/2011
Hewlett-Packard to Cut About 30,000 Jobs
New York Times 05/17/2012
Meg Whitman's plan to turnaround HP
05/17/2012
Linked Articles
Defending H-P in Age of Tablets
Wall Street Journal 06/06/2012
Hewlett-Packard to Cut About 30,000 Jobs
New York Times 05/17/2012
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