HP Set To Lay Off 14,500 People

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  • DateDoc
    Outside looking in.
    • Feb 2005
    • 14243

    #1

    HP Set To Lay Off 14,500 People

    It is finally official and will be announced publically at 5:45 AM Pacific time. HP is laying off 14,500 full time employees over the next six quarters. That equates to about 10% of its full time staff and will equate to an annual savings of $1.9 billion.
  • Hornydog4cooter
    Confirmed User
    • Jan 2005
    • 2859

    #2
    something aint right about those numbers

    Comment

    • DateDoc
      Outside looking in.
      • Feb 2005
      • 14243

      #3
      Originally posted by Hornydog4cooter
      something aint right about those numbers
      Hmmm, they came right from the morning news. What doesn't sound right to you?

      Comment

      • chadglni
        Confirmed User
        • Dec 2002
        • 6924

        #4
        Originally posted by BusterPorn
        Hmmm, they came right from the morning news. What doesn't sound right to you?
        140k per employee.


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        • bringer
          i have man boobies
          • Jul 2003
          • 13082

          #5
          Originally posted by chadglni
          140k per employee.
          property in india must be cheaper
          333-765-551

          Comment

          • justsexxx
            Too lazy to set a custom title
            • Aug 2001
            • 13723

            #6
            Originally posted by chadglni
            140k per employee.
            First of all the savings will start in 2007. Second, 14.500 employees need computers, cars, whatever they get as extra. Also they need less space now, so rent/property can be cheaper etc etc. They need less rooms cleaned, so that gets cheaper etc etc. When you have employees, it's not only salary what they cost...
            Questions?

            ICQ: 125184542

            Comment

            • DateDoc
              Outside looking in.
              • Feb 2005
              • 14243

              #7
              For each employee they have not only eliminated that persons salary, but also the entire cost of having that employee - office space, any and all equipment used by the employee, more than likely his office space is gone too as I am sure some whole offices will be closed down so less $$ are spent on rent and in buildings they own they may well sell. HP is a big company and even has its own airline (and building at the Mineta San Jose International Airport where it keeps its 12+ jets) so there are lots of places where cuts are being made.

              Comment

              • NoCarrier
                We need more free porn
                • Mar 2002
                • 16356

                #8
                Nice! 14 500 indians will soon have a job.

                Last edited by NoCarrier; 07-19-2005, 07:06 AM.

                Comment

                • DateDoc
                  Outside looking in.
                  • Feb 2005
                  • 14243

                  #9
                  lol, i don't think these 14,500 people are getting replaced by anyone - Indian or American.

                  Comment

                  • richrich1
                    Registered User
                    • Jul 2005
                    • 78

                    #10
                    mmm cheap foreign labour..
                    SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, you may use a 624x80 instead of a 120x60. Let me repeat... A 120 x 60 button and no more that 3 lines of DEFAULT SIZE AND COLOR text.

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                    • Herb Kornfield
                      Is on the 1
                      • Sep 2002
                      • 4996

                      #11
                      HP has ignored their indirect sales channel for far too long and now its showing what happens when you do that.....

                      Comment

                      • Basic_man
                        Programming King Pin
                        • Oct 2003
                        • 27360

                        #12
                        Originally posted by BusterPorn
                        It is finally official and will be announced publically at 5:45 AM Pacific time. HP is laying off 14,500 full time employees over the next six quarters. That equates to about 10% of its full time staff and will equate to an annual savings of $1.9 billion.
                        $1,9 billion ? Holy damn shit, what a bunch of asshole !
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