Hewlett Packard Job Losses

starlit

Seriously what is wrong with the world if one of the biggest technology company is proposing to downsize the workforce and impose 27,000 job losses worldwide?

http://www.irishtimes.com/newspaper/breaking/2012/0524/breaking7.html

How many of them could be affecting Ireland? Which is not good for Ireland or any other country for that matter. Its not good news for the IT/Computing Industry in Ireland despite continual job growth but shortfall of jobs being filled? What an unequal balance?

You think it be about creating a smart economy as well as job growth but if costs are an issue then what hope have we here! Arrragh Multinationals!:(

Nody

It's fairly standard these days to do up to 10% global cuts (HP was 8%) and if your profit drops 30% then yes as a CEO you need to do something to show what you're doing to turn it around again or start look for a new job.

Gandhi

Tablets and smartphones have been rapidly taking the place of traditional laptop and desktop PCs. No surprise that one of the largest manufacturers of laptop and desktop PCs has taken a big hit as a result.

djpbarry

doovdela wrote: »

How many of them could be affecting Ireland? Which is not good for Ireland or any other country for that matter. Its not good news for the IT/Computing Industry in Ireland despite continual job growth but shortfall of jobs being filled? What an unequal balance?

It really depends on the nature of the jobs - not all jobs in the IT/software industry involve working in IT/software. Dell's operation in Ireland is/was a case in point.

golden lane

hp have been cutting down for a while now.........half it's builfings in briatol have been sold.......that is the nature of it.........some go, others appear....

henryporter

Its a pity governments (particularly ours) didn't apply the same logic to reducing their staff numbers when their revenues fall. Thats the natural law of economics that HP are following.

golden lane

henryporter wrote: »

Its a pity governments (particularly ours) didn't apply the same logic to reducing their staff numbers when their revenues fall. Thats the natural law of economics that HP are following.

very true......but governments just borrow, and put taxes up....shocking really..

ressem

doovdela wrote: »

Seriously what is wrong with the world if one of the biggest technology company is proposing to downsize the workforce and impose 27,000 job losses worldwide?

http://www.irishtimes.com/newspaper/breaking/2012/0524/breaking7.html

You think it be about creating a smart economy as well as job growth but if costs are an issue then what hope have we here! Arrragh Multinationals!:(

Their internal notification says that at end 2009 they had 304,000. Now they have 349,600. So as huge as the number is, 27000 is the same number as they expanded by in one year in the middle of a recession.
http://techcrunch.com/2012/05/23/meg-whitman-details-layoffs-to-hp-employees-in-internal-video-thinks-hp-is-currently-rebuilding-credibility/

I don't know the ins and outs of why they would be hiring and firing at this rate. Are they transferring large blocks of work to other countries? Ireland benefited by 1000 jobs apparently.

They're talking about spending the savings on R&D work, and in Feb announced plans to increase HP employment in Ireland by 7% over the next few years. So who knows what the outcome will be.

RichardAnd

henryporter wrote: »

Its a pity governments (particularly ours) didn't apply the same logic to reducing their staff numbers when their revenues fall. Thats the natural law of economics that HP are following.

That's a separate issue entirely and raising here will only serve to derail this thread.

thebman

Shutting down unprofitable divisions I imagine

I imagine the whole HP/Compaq thing is going quite badly and printers probably not selling that well in consumer market at the moment.

Then there was the webos fiasco.

WIZE

most of these jobs will be gone in manufacturing

they will get someone else to make hardware and rebrand them to HP
the same with ink cartridges

HP will focus on corporate IT supplying server space and IT customer support .

I think they are also focusing on Cloud computing

Dannyboy83

I bought a fairly expensive HP Pavillion Laptop at the start of 2008, which barely made it to the start of 2009.

The laptop had a design flaw, which meant the graphics card gradually cooked itself, meaning a full motherboard replacement was required - which only last another 12months anyway.
They offered a recall to US customers, but told European customers to sod off.

As a result, I no longer even consider HP products, regardless of the price.
I'm sure there are several hundred thousand disgruntled former HP users out there.

lmimmfn

djpbarry wrote: »

It really depends on the nature of the jobs - not all jobs in the IT/software industry involve working in IT/software. Dell's operation in Ireland is/was a case in point.

However Dell changed in Ireland from being a manufacturer of PC's to cloud computing development.

On the original post, its no surprise, HP have been saying this for the past year, especially that they were downsizing, if i remember correctly they sold off their mobile division a few months ago.

Sponge Bob

Desktop sales have fallen from around 80-90% in 2002 to as little as 25% of the market now.

starlit

I suppose dip on sales and products are understandable in this case. Though any HP products I have had over the years and now have worked greatly have no faults with them.

Even the memory sticks, netbooks, printers and cartridges alone would sell and gain some kind of profit? Even if the laptops/pc's aren't selling as well as they use to.

Could it be a bit like the way Dell went as in all their products use to be specially manufactured to suit the customer but that has come to a stop and instead they are trying to sell a general manufactured laptop/pc for the general consumer while selling through other sellers like PC World and amongst others before that was unheard up and you could only buy dell products from dell and no where else.

They have to introduce more cloud computing products!?

MysticalRain

The PC side of the HP's business never made much money to begin with. So a drop in sales would not have been a major catastrophe. The only company that can make money selling commodity computer hardware these days is Apple because unlike HP, they can actually innovate. A previous CEO wanted to spin off the PC division, then changed his mind just before he was fired (and replaced with another CEO who was eventually fired as well).

HP's ultimate problem is that it is run by a bunch of clueless corporate execs whos goals have nothing to do with producing great technology that people actually want, and everything to do with chasing short term quarterly profits (basically everything that people like Steve Jobs, Mark Zuckerberg, Jeff Bezos, Sergey Brin and Larry Page are not). With a string of CEO's grossly overpaid and under performing CEO's like Carly Fiorena, Mark Hurd, Leo Apotheker and Meg Whitmann, how could a company like HP not fail?

Cloud computing and tablets are not going to save a company like HP. It would take them 5 years just to catch up with the lead that Amazon, and Apple have in those respective areas, assuming they are even capable of doing that. HP's best hope is that they plod along producing mediocre products for the corporate world as a third rate tech company. It's sad to see how far HP has fallen given that HP was one of the original Silicon Valley companies that spawned the computer revolution.

Permabear

This post has been deleted.

gurramok

ressem wrote: »

Their internal notification says that at end 2009 they had 304,000. Now they have 349,600. So as huge as the number is, 27000 is the same number as they expanded by in one year in the middle of a recession.
http://techcrunch.com/2012/05/23/meg-whitman-details-layoffs-to-hp-employees-in-internal-video-thinks-hp-is-currently-rebuilding-credibility/

I don't know the ins and outs of why they would be hiring and firing at this rate. Are they transferring large blocks of work to other countries? Ireland benefited by 1000 jobs apparently.

They're talking about spending the savings on R&D work, and in Feb announced plans to increase HP employment in Ireland by 7% over the next few years. So who knows what the outcome will be.

They took over EDS, thats why the workforce numbers went up. Also "bestshoring" or offshoring to us is their favourite term. I would not trust anything HP say in the media, they have made numerous "job announcements" here and in the UK getting good publicity while at the same time laying off workers in other divisions with no publicity of it.

AlekSmart

MysticalRain wrote: »

The PC side of the HP's business never made much money to begin with. So a drop in sales would not have been a major catastrophe. The only company that can make money selling commodity computer hardware these days is Apple because unlike HP, they can actually innovate. A previous CEO wanted to spin off the PC division, then changed his mind just before he was fired (and replaced with another CEO who was eventually fired as well).

HP's ultimate problem is that it is run by a bunch of clueless corporate execs whos goals have nothing to do with producing great technology that people actually want, and everything to do with chasing short term quarterly profits (basically everything that people like Steve Jobs, Mark Zuckerberg, Jeff Bezos, Sergey Brin and Larry Page are not). With a string of CEO's grossly overpaid and under performing CEO's like Carly Fiorena, Mark Hurd, Leo Apotheker and Meg Whitmann, how could a company like HP not fail?

Cloud computing and tablets are not going to save a company like HP. It would take them 5 years just to catch up with the lead that Amazon, and Apple have in those respective areas, assuming they are even capable of doing that. HP's best hope is that they plod along producing mediocre products for the corporate world as a third rate tech company. It's sad to see how far HP has fallen given that HP was one of the original Silicon Valley companies that spawned the computer revolution.

Oh dear Mystical Rain has just rained on my party......what are we to make of this then...?

http://www.nationaltransport.ie/downloads/smartcard_contract_awarded.pdf

One can only hope n pray I suppose....?

WIZE

AlekSmart wrote: »

Oh dear Mystical Rain has just rained on my party......what are we to make of this then...?

http://www.nationaltransport.ie/downloads/smartcard_contract_awarded.pdf

One can only hope n pray I suppose....?

is that not dated 2 years ago

Tragedy

Sponge Bob wrote: »

Desktop sales have fallen from around 80-90% in 2002 to as little as 25% of the market now.

That's nice.

Perhaps you'd like to slightly qualify your statement to point out that PC/Laptop sales still continue to grow year on year?

No?

Ah well!