Thread regarding HP (Hewlett-Packard) layoffs

Extreme pressures on all sides

Falling stock prices, increasing memories cost, eroding margin, sunset industry for Print, commodisation of PC biz, AI impact, failed business acquisition. HP is facing unprecident challenge across all front. Past earnings and cashflow putting into buying up own shares and increasing dividend is not working. Endless cost cutting through work force reduction and not investing to improve business is eating the company from within.

Rumours have been increasing on company splitting Print and PC up. CEO and multiple C-suite changes/leaving talks had been circulating wild. Staty tune for more cost cutting and business org change.


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| 1351 views | | 4 replies (last February 3) | Reply
Post ID: @OP+1kfmrf51p

4 replies (most recent on top)

OP spot on CEO changes, lores is out! Anticipating more changes like OP mentioned in due course.

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Post ID: @1wp+1kfmrf51p

Stock price is currently under $20. Real innovation within HP is long gone. Marketing hype and Powerpoint presentations mean zilch. Everyone should have seen this demise coming for many years. HP is not going to recover.

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Post ID: @y4+1kfmrf51p

The coming result announcement will focus on the actions taken to mitigate rising memory prices with more cost cutting due to "efficiency" and more AI initiatives. Currently the co is facing huge constraint on shipment due to lack of memory. Situation is so bad that it become existential for them as it impacts across PC and print.

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Post ID: @fb+1kfmrf51p

Don’t forget that HP also has an exorbitant amount of debt.

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Post ID: @d4+1kfmrf51p

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