HP (HPQ) shares down as Q1 revenue misses the mark "HP Inc. (HPQ) reported first-quarter adjusted earnings per share of $0.81, which was in line with estimates. Revenue, however, fell short, $13.2 billion compared to an estimate of $13.58 billion... — read more
Analysts predict earnings surpassing the estimate. Which doesn’t mean there will be no layoffs.
It's like a game of musical chairs with the C-suite, and we're the ones left standing without a seat. This whole integration mess with Poly/HP has been a nightmare. It feels like they're just shuffling people around without even asking us how we feel... — read more
Fresh out of the rumours mill that new wave of layoff coming post Q1 results announcement. Reasons/excuses given to optimise and create opportunity/capacity to ride the AI wave/innovation, and also due to productivity/efficiency gain, to return more... — read more
HP truly used to be the best company in the world to work for (I remember those years), with extremely high employee retention and loyalty. "The HP Way" was the glue that held the company together and made it so unique and such a fun place to work... — read more
True innovation is a thing of the past for HP, Print is dead, Dragonfly is a joke, HP marketing is substandard, and AI will soon render many standard PCs as useless. Only a fool cannot see the writing on the wall for HP. Layoffs will definitely... — read more
If we have layoffs in our future - and let's be realistic, we all know we will - then the right move would be to thin out management layers. HP does have fat, and that fat is concentrated in the bloated management. Those are the types of layoffs I... — read more
If you want to work for an innovative company that pushes the envelope, look elsewhere.
Post any information about potential or actual HP layoffs? Any chatter, news or rumors?
I'm a supplier of HP that is in contact with a part organization with the company. Last month, I was able to email some people just fine. I was aware of the layoffs in September and early retirement packages earlier this year. But today I was... — read more
HP is requesting 4 days furlough of CW's in the first quarter of 2024. So it begins yet again.
With recent reorgs, I'm now working within the broader Consumer Services group. It seems despite the many delivery delays/issues, there is a pervasive Applause Only Culture where even any even valid debate/discussion is strongly discouraged.
I'm relatively new at HP (print software) and in a group with lots of old timers (20+ year tenure). They constantly take credit for my work and hint that they are "protected" against WFR as part of the "In crowd" while those with shorter tenure like... — read more
I scheduled an urgent meeting Friday afternoon and nobody called into the Zoom. Leadership needs to be aware of the lack of motivation of a vast number of employees who do not feel the need to support work during work hours. We have incredible... — read more
If you have skills and a growth mindset, why not look into joining Consumer Services? Great potential for career growth and the opportunity to work with inspiring thought leaders who are heading up the charge on HP's digital transformation.
Layoff notices handed to multiple full-time employees on Monday, November 06.
Does anyone know what is going on with Boise campus? The place is a literal ghost town, and I believe that HP's lease there is expiring.
I don't know the extent of it all but today is the 2 weeks until Nov 1 before HP's new year starts and they are doing a bunch of layoffs today. I was one of them. The Poly side is being hit hard in sales and sales engineering. It seems that HP isn't... — read more
myself, along with many others have been informed last week that we are being let go due to WFR Not surprising given HP's outlook
Will our new execs ever get this going? Or are they all Powerpoints and no ability to execute? https://platinum.hpinstantink.com/us/en/
In a recent "Integration" meeting held at HP's Amstelveen office in the Netherlands, about 30 members of the Order Management team, some of whom have dedicated more than 20 years of their careers (spanning their time with Plantronics, Poly, and HP)... — read more
New cost savings plan will be shared this coming investor day to entice and support share price. The plans will reinforced the return of 100% cashflow with more cost cuts (package as business efficiencies). Approximately 3000 more headcounts will be... — read more
Lots of exciting things happening in the new Consumer Services org lately Will they be the leading the charge for the new HP Way?
Been axed today, first thing in the morning. I hear this will be going today and tomorrow in Spring. Package is cheap. 2 weeks paid for each year of service. ENJOY the management wannabees ! Director is a pushover and manager does not deserve their... — read more
When will I be able to get my hands on premium HP hardware via a digital subscription product? I really looooooooooooooooove my Instant Ink subscription and I'm eagerly awaiting the opportunity to do the same for my printer and PC.
Heard from my manager that a supply chain team we interact with had two people WFRed. Spoke with someone and the broader team under the director lost 19. Did it happen elsewhere? Seems September is always a WFH month before end of year. Same happened... — read more
Could someone please provide information about whether layoffs are still occurring? I've begun to wonder about the current job security for many of our colleagues from Poly. It seems that some of them might not be feeling entirely secure in their... — read more
At least for Monday. The roof in B66 leaks. It leaked since 2010 at least. Under all sorts of property owners. Now it officially leaks under Apple. Apple, remember: Soo soo smart Apple.
Approximately 5% US employees are being let go based on internal sources, not sure about other countries. Can confirm layoffs in San Diego, including high level managers. P.S. HP's lease in San Diego expires October, and Apple has already purchased... — read more
I’m currently on furlough but shortly before this I lost access to my software tools that’s needed for me to do my job. I was told that this was an “unexpected” issue that would be resolved by the time I got back but now I’m starting to think this... — read more
Why is taking credit for somebody else's work so common at HP? I'd really like to know because this is becoming ridiculous. I've been here a little over a year but I don't see myself staying much longer, considering this. What kind of managers does... — read more
I am watching an old 60 Minutes segment from 1993 about Hewlett-Packard using H1B workers. Lewis Plat wouldn’t answer questions. It got me thinking about Compaq and how much they were using h1bs. Anyone know?
The company has negative equity, The current and the former CEO gorged on cheap debt for years. Most of the debt will soon roll over at much higher rates. https://ycharts.com/companies/HPQ/debt_equity_ratio
Just heard that 7 contractors from 2 separate agency's are getting laid off. Their last day is June 16th. This is at the Corvallis site. Anyone know of more? At different sites? Same last day?
Of the 4-6k announced layoffs, how many people have already been impacted? To my knowledge I think only ~100+ have been reported in the media. It was stated that the majority of the layoffs would happen by the end of this year so I’m surprised not... — read more
Yes it is that time of the year when us CW's get either a few weeks off or a month. This time it is not across the board like last year but according to what team you are working with. That being said, you might be on furlough or not. CW's will... — read more
I was told by my agency that HP is currently removing some of the smaller contract agencies from its roster. I was wondering if my agency is making this up. Anyone have more info on this?
Has anyone heard that HP Inc is evacuating the Palo Alto campus? I want to confirm the rumor that only execs stay.
As some of you may already know, las summer Apple bought the HP campus in Rancho Bernardo for 445 million (HP sold it in 2016 for 69 million). They make commercial inkjet there but a second line has been replicated in Singapore, certain to replace... — read more