PALO ALTO, Calif. � Hewlett-Packard Co. said Tuesday it will cut about 9,000 jobs and take $1 billion in charges over three years as it creates fully automated commercial data centers.
The Palo Alto, Calif. technology company said it will invest $1 billion in its enterprise services unit, over a multiyear period. The company said the job cuts will be the result of productivity gains and automation. The company said it will replace about 6,000 of the jobs to boost its global sales and delivery staff.
HP, whose fiscal year ends in October, said it will record about half of the $1 billion charge in the third quarter and the rest by the end of fiscal 2013.
More Here..
Mayor of Annapolis Unveils More Budget Cuts
Oil Industry Lashes Out at Drilling Ban
Gulf Shrimpers Fear Oil Spill Will Put Them Out of Business
Three US Cities on The Brink of Broke
Four More Georgia Banks Get Consent Orders
NC Mental Health Group Can Only Pay Half Wages
Thousands of Pennsylvania Jobs Could be Lost If Fed. Funding Expires
BP Spill Clouds Future of US Drilling
Mayor of Annapolis Unveils More Budget Cuts
Oil Industry Lashes Out at Drilling Ban
Gulf Shrimpers Fear Oil Spill Will Put Them Out of Business
Three US Cities on The Brink of Broke
Four More Georgia Banks Get Consent Orders
NC Mental Health Group Can Only Pay Half Wages
Thousands of Pennsylvania Jobs Could be Lost If Fed. Funding Expires
BP Spill Clouds Future of US Drilling
Huffington Post is a scam.
ReplyDeleteThis article takes the tone that the job cuts are beneficial and a result of prosperity. Wow okay. Obama pretty much has those people in his pocket and even said for people to read them. They aren't reliable, the job cuts mentioned there are happening but it isn't for the reason they'd have people believe.
Now do you notice the articles beneath clearly demonstrating the overall condition of things but don't make the claim that it is because of improvements?
What automation?
ReplyDeleteHP is out sourcing the IT works to India, Singapore and other low wage countries. Population of India is capable of speaking English.
Don't worry. Our leaders said the recession is over! Your not saying they would lie to us are you?
ReplyDeleteon bloomberg said cutting 3000 thousand doesnt help job growth
ReplyDeletenooooo
cutting 9 thousand
might hire back 6000
lies lies lies
buy gold the run when it starts will be crazy
3 to 5 thousand
i got laid off a year ago
will be hired back
noooo
need a new job
that job is done.
why would i go back
talk about spin
bloomberg all msm is bs
they lie or get fired
and many are dum as hammsters running on a wheel
serving there masters
Mental health group can pay only half wages
ReplyDeleteAnd the other half aren't too crazy about it!
So what are the solutions? What are average Americans doing?
ReplyDeleteWhat are average Americans doing?
ReplyDeleteUsing their credit cards to buy fast food that is what they are doing. Hanging on by a thread and hoping the BS the MSM is spewing is true.
I was at a bar this weekend and just about everyone was paying for their drink(s) with a CC. Even people buying one beer.
Crazy, desperate behavior.
bllomberg reoorts
ReplyDelete3 45 pm eastern
only 3 thousand lost
wiil bring back 6 thousand in 7 years
huh?
also
also possible criminal charges in bp
just like aig
aaaah what crap
americans eat up
crap soup for everyone
msm is a joke
bloomberg reports
ReplyDeleteobama is a clown
alex jones had it right
the bush depression is now in full swing, it started when the bush crime family was still in office and now it is getting worse, no one can clean up the major mess bush made, now his oil buddies are messing it up even worse, I hope texas burns this summer when the firecanes hit and explode through texas, I will laugh my ass of then.
ReplyDelete