I feel like I haven't seen this many execs decide to step down with no announcement of a new position somewhere else. If these were retirements, would they be announced as retirements? Or would they say "stepping down" and "spend time with my family" and keep retirement under wraps? Has this many step downs happened at HP before.
4 replies (most recent on top)
When Future Ready transformation was announced 3 years back, employees were still optimistic that it was neccessary to be "Future Ready". Then came additional reduction begining 2025 on the premise that the co has "transformed and readied". The last and final straw on the camel's back is the current wave of WFR (2026-2028). Finally realised the co is never ready nor transformed. Its just dying slowly, sustained via a life susport machine.
It is happening a lot and the reason is obvious: someone higher than them is pressuring them to leave. I left HP in 2023 but I still talk to my colleagues from there. It sounds like HP is dealing with a large turnover problem, not just higher ups. I heard there’s also been a lot of reorganization.
I can only speculate from an outside perspective but judging by the state of the consumer tech industry, I think HP is going through some sort of identity crisis. Before you think, “Well that’s pretty obvious”, I think it’s really been extremely prevalent during and after covid.
During covid, HP’s strategy was heavily focused on maximizing product experiences for remote work and truthfully, they did quite well. Then in the midst of covid, they shifted focus towards virtual conferencing solutions and this sort of when HP started to slip. Before acquiring Poly, there was work already being done (and I was part of that project) but there was a lot of misalignment. Then towards the end of covid, HP was focused on the idea of hybrid workplace collaboration so they provided solutions that could help remote and in-office employees working synergistically and maximize productivity regardless of when and where they were working… but this strategy wasn’t well executed. Too many companies were demanding that everyone needs to return to the office and people were tired of remote calls on Zoom. Now, today, with all of this AI nonsense that HP is trying cater to, is really starting to plateau because it turns out that they’re not the ones who should control that experience: customers are. HP can’t deliver a proper AI strategy that relies on the customer needing to fine tune that experience based on their needs.
So couple all of this confusing roadmap that HP has with a company that doesn’t take innovative risks and their natural frugality. What you have is a company that’s headed to creative bankruptcy. Seriously. Where does HP go from here?
Even vampires know when to move on when they have su-ked all the blood out of their victims. HP exces are no different.
I don’t know but this doesn’t look good for contract workers.