https://www.thelayoff.com/hewlett-packard/post/6613470294310912
12 replies (most recent on top)
@anon153970, you have to realize that after laying off 30,000 employees, the execs at HP will have to take a bonus for all that hard work, so yes, net savings = $2B, but EBITDAEB (Earnings Before Interest, Taxes, Depreciation, Amortization, Executive Bonuses) = $4B, or $133k per employee.
Hmm, I'd say about 15000 new hires in the Greater Asia just might cut it.
When there is that kind of layoff, how more H-1Bs can be justified?
Not any more! SM, PJ, BoD, C-suite and Jana is making sure to collect it all now. A final desperate run for the dough before it all dries up. No money, no honey; I'm out'a'here!
That's because we pay our employees well, we give them RSUs, bonuses, etc. Jana wants that money for Jana.
IBM will cut 50K by March, that's the plan
30000 out and HP's costs go down only $2B? That's HP $67k/head vs. Q $299k/head.
http://finance.yahoo.com/news/hewlett-packard-expects-cut-30-205420021.html
Yeehaw. Let the games begin
massive indeed. we are peanuts
This is a f***ing massive list
Irvine, CA (0.2% or 54 employees)
Oh, that's 700 competitors back on the market. Nice. 700 houses for sale. Nice.