HP Set To Lay Off 14,500 People - GoFuckYourself.com

DateDoc · 07-19-2005, 05:10 AM

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 · 07-19-2005, 07:30 AM

something aint right about those numbers

DateDoc · 07-19-2005, 07:31 AM

Quote:

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?

chadglni · 07-19-2005, 07:37 AM

Quote:

Originally Posted by BusterPorn

Hmmm, they came right from the morning news. What doesn't sound right to you?

140k per employee.

bringer · 07-19-2005, 07:39 AM

Quote:

Originally Posted by chadglni

140k per employee.

property in india must be cheaper

justsexxx · 07-19-2005, 07:41 AM

Quote:

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...

DateDoc · 07-19-2005, 08:02 AM

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.

NoCarrier · 07-19-2005, 08:04 AM

Nice! 14 500 indians will soon have a job.

DateDoc · 07-19-2005, 08:10 AM

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

richrich1 · 07-19-2005, 08:21 AM

mmm cheap foreign labour..

Herb Kornfield · 07-19-2005, 08:32 AM

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

Basic_man · 07-19-2005, 08:33 AM

Quote:

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 !

07-19-2005, 05:10 AM	#1
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	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. __________________

07-19-2005, 08:02 AM	#7
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	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. __________________

07-19-2005, 08:04 AM	#8
NoCarrier We need more free porn Join Date: Mar 2002 Location: Montreal Posts: 16,356	Nice! 14 500 indians will soon have a job. __________________ Last edited by NoCarrier; 07-19-2005 at 08:06 AM..

07-19-2005, 08:10 AM	#9
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	lol, i don't think these 14,500 people are getting replaced by anyone - Indian or American. __________________

07-19-2005, 08:21 AM	#10
richrich1 Registered User Join Date: Jul 2005 Posts: 78	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.

07-19-2005, 07:30 AM	#2
Hornydog4cooter Confirmed User Join Date: Jan 2005 Posts: 2,859	something aint right about those numbers

07-19-2005, 08:32 AM	#11
Herb Kornfield Is on the 1 Industry Role: Join Date: Sep 2002 Location: Philly Burbs Posts: 4,996	HP has ignored their indirect sales channel for far too long and now its showing what happens when you do that.....