Topics regarding layoffs at HP (Hewlett-Packard)

Topics regarding layoffs at HP (Hewlett-Packard)

HP misses targets, more layoffs coming

HP (HPQ) shares down as Q1 revenue misses the mark "HP Inc. (HPQ) reported first-quarter adjusted earnings per share of $0.81, which was in line with estimates. Revenue, however, fell short, $13.2 billion compared to an estimate of $13.58 billion... — read more 

Q report on Feb 28

Analysts predict earnings surpassing the estimate. Which doesn’t mean there will be no layoffs.

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| 620 views | | 2 replies (last February 27, 2024)
Post ID: @OP+1rgnjuFW

New wave of WFR coming post Q1 results

Fresh out of the rumours mill that new wave of layoff coming post Q1 results announcement. Reasons/excuses given to optimise and create opportunity/capacity to ride the AI wave/innovation, and also due to productivity/efficiency gain, to return more... — read more 

Why HP will fail

HP truly used to be the best company in the world to work for (I remember those years), with extremely high employee retention and loyalty. "The HP Way" was the glue that held the company together and made it so unique and such a fun place to work... — read more 

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| 2010 views | | 8 replies (last February 10, 2024)
Post ID: @OP+1qB9FZt0

HP is in for a world of hurt in 2024 and beyond

True innovation is a thing of the past for HP, Print is dead, Dragonfly is a joke, HP marketing is substandard, and AI will soon render many standard PCs as useless. Only a fool cannot see the writing on the wall for HP. Layoffs will definitely... — read more 

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| 3380 views | | 6 replies (last February 5, 2024)
Post ID: @OP+1qv6nauO

Management layers should be thinned out

If we have layoffs in our future - and let's be realistic, we all know we will - then the right move would be to thin out management layers. HP does have fat, and that fat is concentrated in the bloated management. Those are the types of layoffs I... — read more 

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| 1071 views | | 2 replies (last January 27, 2024)
Post ID: @OP+1qtjAs8q

HP Layoffs 2024

Post any information about potential or actual HP layoffs? Any chatter, news or rumors?

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| 2460 views | | 6 replies (last January 9, 2024)
Post ID: @OP+1qkV3Nyq

There must be more layoffs

I'm a supplier of HP that is in contact with a part organization with the company. Last month, I was able to email some people just fine. I was aware of the layoffs in September and early retirement packages earlier this year. But today I was... — read more 

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| 1960 views | | 8 replies (last December 14, 2023)
Post ID: @OP+1pZcd0vp

New round of furloughs

HP is requesting 4 days furlough of CW's in the first quarter of 2024. So it begins yet again.

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| 1270 views | | 5 replies (last January 4, 2024)
Post ID: @OP+1pX2RJYm

HP Applause Only Culture?

With recent reorgs, I'm now working within the broader Consumer Services group. It seems despite the many delivery delays/issues, there is a pervasive Applause Only Culture where even any even valid debate/discussion is strongly discouraged.

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| 950 views | | 2 replies (last November 26, 2023)
Post ID: @OP+1pIX3Vqz

WFR and the In Crowd

I'm relatively new at HP (print software) and in a group with lots of old timers (20+ year tenure). They constantly take credit for my work and hint that they are "protected" against WFR as part of the "In crowd" while those with shorter tenure like... — read more 

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| 1450 views | | 6 replies (last December 9, 2023)
Post ID: @OP+1pHA3vzu

So much apathy at HP

I scheduled an urgent meeting Friday afternoon and nobody called into the Zoom. Leadership needs to be aware of the lack of motivation of a vast number of employees who do not feel the need to support work during work hours. We have incredible... — read more 

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| 1510 views | | 8 replies (last November 21, 2023)
Post ID: @OP+1pFv5zVG

If you don't want to be impacted by WFR.....

If you have skills and a growth mindset, why not look into joining Consumer Services? Great potential for career growth and the opportunity to work with inspiring thought leaders who are heading up the charge on HP's digital transformation.

What's happening with Boise?

Does anyone know what is going on with Boise campus? The place is a literal ghost town, and I believe that HP's lease there is expiring.

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| 1740 views | | 6 replies (last November 5, 2023)
Post ID: @OP+1pbnf8qS

10/16 - Big workforce reduction day

I don't know the extent of it all but today is the 2 weeks until Nov 1 before HP's new year starts and they are doing a bunch of layoffs today. I was one of them. The Poly side is being hit hard in sales and sales engineering. It seems that HP isn't... — read more 

More layoffs in the ACS division

myself, along with many others have been informed last week that we are being let go due to WFR Not surprising given HP's outlook

Instant Ink Platinum

Will our new execs ever get this going? Or are they all Powerpoints and no ability to execute? https://platinum.hpinstantink.com/us/en/

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| 810 views | | 1 reply (October 11, 2023)
Post ID: @OP+1p2Ws74B

New cost saving target coming this investor day

New cost savings plan will be shared this coming investor day to entice and support share price. The plans will reinforced the return of 100% cashflow with more cost cuts (package as business efficiencies). Approximately 3000 more headcounts will be... — read more 

Axed today! Hooray!

Been axed today, first thing in the morning. I hear this will be going today and tomorrow in Spring. Package is cheap. 2 weeks paid for each year of service. ENJOY the management wannabees ! Director is a pushover and manager does not deserve their... — read more 

HP Hardware Subscriptions

When will I be able to get my hands on premium HP hardware via a digital subscription product? I really looooooooooooooooove my Instant Ink subscription and I'm eagerly awaiting the opportunity to do the same for my printer and PC.

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| 850 views | | 7 replies (last September 15, 2023)
Post ID: @OP+1oBzGVs5

Layoffs yesterday?

Heard from my manager that a supply chain team we interact with had two people WFRed. Spoke with someone and the broader team under the director lost 19. Did it happen elsewhere? Seems September is always a WFH month before end of year. Same happened... — read more 

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| 1110 views | | 2 replies (last September 13, 2023)
Post ID: @OP+1ozsyDuc

Are layoffs still taken place ?

Could someone please provide information about whether layoffs are still occurring? I've begun to wonder about the current job security for many of our colleagues from Poly. It seems that some of them might not be feeling entirely secure in their... — read more 

SD site is closed

At least for Monday. The roof in B66 leaks. It leaked since 2010 at least. Under all sorts of property owners. Now it officially leaks under Apple. Apple, remember: Soo soo smart Apple.

Latest round of layoffs started on Monday (July 7)

Approximately 5% US employees are being let go based on internal sources, not sure about other countries. Can confirm layoffs in San Diego, including high level managers. P.S. HP's lease in San Diego expires October, and Apple has already purchased... — read more 

Access disabled

I’m currently on furlough but shortly before this I lost access to my software tools that’s needed for me to do my job. I was told that this was an “unexpected” issue that would be resolved by the time I got back but now I’m starting to think this... — read more 

Can somebody shed some light on this?

Why is taking credit for somebody else's work so common at HP? I'd really like to know because this is becoming ridiculous. I've been here a little over a year but I don't see myself staying much longer, considering this. What kind of managers does... — read more 

Compaq H1b

I am watching an old 60 Minutes segment from 1993 about Hewlett-Packard using H1B workers. Lewis Plat wouldn’t answer questions. It got me thinking about Compaq and how much they were using h1bs. Anyone know?

HP has negative equity and its debt is about to reset

The company has negative equity, The current and the former CEO gorged on cheap debt for years. Most of the debt will soon roll over at much higher rates. https://ycharts.com/companies/HPQ/debt_equity_ratio

Permanant layoffs now hitting CW's

Just heard that 7 contractors from 2 separate agency's are getting laid off. Their last day is June 16th. This is at the Corvallis site. Anyone know of more? At different sites? Same last day?

How many already laid off so far?

Of the 4-6k announced layoffs, how many people have already been impacted? To my knowledge I think only ~100+ have been reported in the media. It was stated that the majority of the layoffs would happen by the end of this year so I’m surprised not... — read more 

Its furlough time for CW's again

Yes it is that time of the year when us CW's get either a few weeks off or a month. This time it is not across the board like last year but according to what team you are working with. That being said, you might be on furlough or not. CW's will... — read more 

HP is consolidating CW suppliers

I was told by my agency that HP is currently removing some of the smaller contract agencies from its roster. I was wondering if my agency is making this up. Anyone have more info on this?

Anyone knows what's going on in San Diego?

As some of you may already know, las summer Apple bought the HP campus in Rancho Bernardo for 445 million (HP sold it in 2016 for 69 million). They make commercial inkjet there but a second line has been replicated in Singapore, certain to replace... — read more 

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