Post any information about potential or actual HP layoffs? Any chatter, news or rumors?
6 replies (most recent on top)
Just read in Blind that layoffs happens today in CSS org.
CFO left for sister company with no fanfare shows how well hpq is doing. Rumors has it that there's fight and resistance of reducing co finance team hc plus forecast errors that resulted in the pushing out of the cfo. Look at xerox announcement of 15% cut today, hpq is looking for new cuts with new cfo coming on board.
You must be either new to HP or you just an outsider. Enrique publicly announced in 2022 that he had a three year layoff plan until 2025. This last round of layoffs (Sept-Dec 2023) was a large chunk out of the company.
I wouldn't expect the next large round of layoffs until this May through July. Who will get the axe dropped on them? Difficult to say but taking a look at the bottom line may give some key indicators.
HP is pushing out the expensive people who are redundant. It's obvious that interns are replacements. Little do they know, they will get severely underpaid.
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 not only continue but intensify.
Always
Here's the endgame...https://www.highereducationinquirer.org/2023/12/ai-robot-capitalists-will-destroy-human.html