Thread regarding HP (Hewlett-Packard) layoffs

This company is going down the toilet

and I don't mean that in a good way either


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| 1406 views | | 11 replies (last December 20) | Reply
Post ID: @OP+1kcqcmah3

11 replies (most recent on top)

@kc there was no misinterpretation in my use of the phrase “going down the toilet” having a negative connotation. Just an alternate view to challenge the status quo instigated by someone who was “Just curious”. It’s something I’m sure you still have yet to accomplish (and probably never will). You’ll just have to take one small step at a time I guess… There was also no verbiage in my message intended to make you fathom the thought of needing to be ‘worried’, but I’m not surprised to see you take it that way as I find it rather amusing similar to how I feel when children who still believe in Santa Claus worry about being naughty or nice before Christmas. In good faith and wishful thinking I stand behind everything I say and continue to wish you the best of luck in life. I had hoped to hear a more original reply, but nevertheless am pleased to hear you wish the same towards me. Good job. If you keep up the good work then maybe you can make big steps in life just like me. Thank you, and you’re welcome.

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Post ID: @kw+1kcqcmah3

@h5 that really is a big step you take attempting to draw conclusions on my life based on your misinterpretation of a phrase. Good luck to you and believe what you want, but if you had made even the slightest effort to look up the definition of “going down the toilet” it would be obvious it means failure and negativity. Conflating it with other events doesn’t change its meaning. Those of us who use language properly generally come out ahead so I’m not worried.

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Post ID: @kc+1kcqcmah3

@ft it can be good or bad depending on how open minded the person is interpreting the situation. If you take a closer look at the debate/argument, I was asked how it could be ‘good’ so I provided such a scenario. It is most commonly expressed as being bad such as the case for Poly. Can’t really say the same for Instagram. If you still don’t understand then I’m not surprised but good luck to you anyways. Just don’t even bother asking how some things commonly perceived as being bad can turn out to be good. I’m sure you’ll end up exactly where you deserve to be in life with that mindset (good is good, bad is bad, and the world is simply colorless in black and white). More opportunity for people like me that way.

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Post ID: @h5+1kcqcmah3

@fg going down the toilet means bad things are happening so being acquired by a better company can’t be described as that way. If HP is going down the toilet why would things be good for poly?

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Post ID: @ft+1kcqcmah3

@ff it is for Poly.

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Post ID: @fg+1kcqcmah3

@fa being acquired isn’t going down the toilet.

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Post ID: @ff+1kcqcmah3

A better company acquiring HP to dissolve its obsolete image and business model while retaining employees to empower everyone and everything around it kinda like what Instagram went through with Facebook can be considered a good way for a company to go down the toilet and come out the ocean that surrounds our beautiful planet.

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Post ID: @fa+1kcqcmah3

Just curious, what would be the good way for a company to go down the toilet?

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Post ID: @ek+1kcqcmah3

@d2 Let me add to the list...

  • Extremely high turnovers, not only from layoffs but a large amount of quitting.

  • Constant and consistent biannual contractor furloughs since COVID.

  • Cashflow, Non-GAAP Margins/Earnings, GAAP Margins/Earnings shrunk massively from FY2024 to FY2025.

  • HP still remains dependent on outsourced resources to actually design and test their products, leaving everyone else to only have work on PowerPoints. There's no innovation here.

  • With the recent crash in RAM chips, HP (and the rest of the industry) are going to be forced to up-charge the price on their products, leading to even worse revenue opportunities.

  • HP has had a terrible roadmap in the last... probably six years now. I said this in a prior post on here but they're sort of going through an identity crisis... During COVID, they wanted to provide a better experience for remote work, which they did quite well. Then during COVID, they pivoted their strategy for conferencing experiences, which they didn't do too well with. Then towards the end of COVID, they pivoted their strategy to hybrid work environments, and they really didn't understand the market for that. Now, they're massively dropping the ball with AI strategy. There's no where else to go from here.

Can't think of anything else. From 2022 to 2025, Enrique announced a large wave of layoffs. Called it "Future Ready". Now, again, Enrique announced another large wave of layoffs until 2028. By the end of this, hypothetically roughly 45k people will remain at HP.

Oh fun fact, HPE's stock is now officially higher than HP's stock, which is the first time since their split as a company back in 2015.

It's a really bad time to be in this industry.

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Post ID: @dq+1kcqcmah3

"Can ya back that up with a "why?"

Inquiring minds wanna know."

  • Stagnant to declining revenue.
  • Stock is lower than it was 3 years ago while S&P has almost tripled.
  • Core products sunsetting (print in particular).
  • Bleeding talent
  • Low employee morale.
  • About 10 billion in debt that is about to reset to higher interest rates.

I could write you a lot more if you ask.

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Post ID: @d2+1kcqcmah3

Can ya back that up with a "why?"

Inquiring minds wanna know.

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Post ID: @cy+1kcqcmah3

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