HP to Cut 24,600 Jobs

Discussion in 'Current Events' started by Unspeaked, Sep 15, 2008.

  1. Unspeaked macrumors 68020

    Unspeaked

    Joined:
    Dec 29, 2003
    Location:
    West Coast
    #1
    LINK
     
  2. mkrishnan Moderator emeritus

    mkrishnan

    Joined:
    Jan 9, 2004
    Location:
    Grand Rapids, MI, USA
    #2
    I'll be really curious to see if HP can manage to not screw this one up.
     
  3. rdowns macrumors Penryn

    rdowns

    Joined:
    Jul 11, 2003
    #3
    Integrating a company is very difficult, especially one the size of EDS. HP didn't exactly cover themselves in glory when acquiring Compaq.
     
  4. PlaceofDis macrumors Core

    Joined:
    Jan 6, 2004
    #4
    ugh. things are just a mess today.
    cutting that many jobs is never a good thing.
     
  5. Scepticalscribe Contributor

    Scepticalscribe

    Joined:
    Jul 29, 2008
    Location:
    The Far Horizon
    #5
    Oh yes, an ughleee mess today indeed. And yes, cutting that many jobs is never a good thing, neither economically nor socially. What does this tell us about the health of the IT and general computer world? No wonder Apple and others have diversified.
    Cheers
     
  6. bigandy macrumors G3

    bigandy

    Joined:
    Apr 30, 2004
    Location:
    Murka
    #6
    Aren't they still clearing up that mess? :rolleyes:
     
  7. rdowns macrumors Penryn

    rdowns

    Joined:
    Jul 11, 2003
    #7
    Yes, it's ugly. I don't think the job cuts reflect on the state of the tech industry, in fact, many analysts are recommending tech. The cuts are the result of HP acquiring EDS and trying to cut out redundancies and save money. Happens all the time when companies acquire others.
     
  8. PlaceofDis macrumors Core

    Joined:
    Jan 6, 2004
    #8
    i understand why they're doing it and all that.
    it makes sense for them as a company, but it also hurts socially/economically since there is enough problems there as it is with jobs .

    no it certainly doesn't reflect bad on tech industry, where things are still moving nicely and looking good.
     
  9. rdowns macrumors Penryn

    rdowns

    Joined:
    Jul 11, 2003
    #9
    The article also states that this will occur over 3 years so at least all those people won't be thrown out of work all at once.
     

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