...but there won't actually be a layoffs. Just need everyone to work hard as we enter new, high growth areas. On the enterprise side. HP knows that great talent takes a long time to build, and it'd be extremely short sighted to get rid of people and then need to hire them back as we enter our next growth phase. So just pretend you're scared, and just keep working hard! Go HP!
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You must also have faith in the Easter bunny, Santa Claus and have had recent visits from the tooth fairy.
Yes it is
This is not an HR fault