WFRed? Suggest that you make sure your 60 day benefit equivalent payment is paid and your COBRA is active for 90 days. Dont sign the Waiver until you make sure it is all paid. Looks like HP is shirking their legal duties for WARN. Surprise!
Topics regarding layoffs at HP (Hewlett-Packard)
ASAP Checklist for people leaving ...before losing access to your employer's internal systems ...and in the following few weeks https://www.hpalumni.org/asap
Hearing from a lot of CW's that their contracts are not being renewed at the end of Oct. These are contractors that have been renewed year after year and not the 2 year contract employees.
The San Jose Mercury reported today that a Federal Court judge in San Jose has ruled that the ageism case against HP can move forward. I explored this case before recently signing off on my WFR (which converted to EER), but figured the likelihood of... — read more
HP with 3rd Party Sales and Marketing company Mosaic(Acosta) at Best Buy Retail Stores. Part Time Reps have been notified that they are let go- out of work.
As if the situation wasn't stressful enough as it is, now we have to wait to find out who is being laid off. Which means days - or maybe even weeks - of unnecessary worrying for many of us at a time when we are already overstressed. Am I the only one... — read more
So who is going to be in the first batch of layoffs? Just CWs or actual employers? Which departments are going?
I am seven years from retirement, and was laid off by HP. I was informed by my manager at HP that my dismissal was just about numbers. At HP, like many other large companies, you are only as valuable to the corporation as your current managers... — read more
Is it true that HP had furloughs?
Xerox has backed away. I guess they could not afford their bid when they lost 50% of their own stock price in the last few weeks. I also wonder if the banks that were going to back the effort also said no deal.
Excellent article from a tech writer who seems to have a good grasp on the state of Xerox, and positive things to say about HP management (full disclosure, I am a former Xerox... — read more
5 years from retirement. My 401k tanks by 20% in last 2 weeks. Facebook offers all 45000 employees 6 months bonus to compensate work from home, on base salaries that are already 50-100% more. What is Enrique going to do for employees to compensate... — read more
When we all get back to the office, how do you think this is going to play out?
It is my understanding that if you leave HP before you have been there for 3 years then you are not vested in any of the employer 401k matching contributions (or interest earned on those contributions) and would need to return that money from your... — read more
HPQ just authorized work from home if you are able. Don't go to office unless physical presence is absolutely required.
Has anyone ever known someone at HP who has negotiated a severance package? i.e. approached their manager about being let go in exchange for a severance.
The delusion is incredible. Investment activities are misguided e.g. 3D. Good businesses are starved. The street has no clue on the realities of print and where opportunities really exist. Enrique is a dinosaur. Christof is just reading a script. HR... — read more
What are your thoguhts?
Contract workers are being asked to take off 5 days without pay from now until the end of April.
Most likely response to HP again rejecting Xerox offer and trying to play defensive with poison pill. Same happened at Xerox with the Xerox defense of Fuji merger.
Whats going on in Vancouver? Heard rumor of recent work force reduction? Seems strange with the news about them building a new facility there unless the plan is to consolidate all west coast sites there?
Find it curious that CTO retires and an interim is named. Most reputable companies have a transition plan in place for executive level positions and retirement. What’s up?
Greetings HP. I come in peace as an unwilling participant in this potential arranged marriage. So let’s get a discussion going. Do you think it will happen? If so, what is the predicted fallout? What do you think the stock price will look like when... — read more
Is this the biggest location you have? How many employees are at Palo Alto?
Anyone know the details on the package ? Thanks
Considering the overall attrition goal, the EER take rate is rather insignificant. So HP now needs to move to the WFR process. Yes, 2020 will chop the bulk of the 9000 as soon as possible. And from the company perspective the sooner the better. It... — read more
HP told Xerox to go pound salt. Yep they turned down the offer again. https://investor.hp.com/news/press-release-details/2020/HP-Sends-Letter-to-Xerox/default.aspx
I guess that way too many managers took the early retirement offer. Now HP is hiring a boat load of managers - in print. Also, many of the production crew in print took the offer too. Those positions are now being filled with CW's. It looks... — read more
Management informing employees of d-day happening next Monday amongst print. Will be 10% of workforce. Several around me hit.
Money talks. Xerox got the needed funding to acquire HP. History tells that shareholders' more than welcome this kind of short term gain for them, so it's now just a matter of time. Any move on HP side to block it will be driven solely for seeking... — read more
I'm pretty sure nobody is actually surprised by this news. This just has me extra worried for the next... — read more
Xerox is disintegrating internally at an accelerating rate. The CEO is funnelling as much money as legally possible to Icahn while the core business and sales are unsupported. No layoffs this quarter because too many people quit. There are hundreds... — read more
I guess that HP is doing better, financially. I was just informed that the 5 furlough days to be taken by CW's before the end of January 2020 have been canceled. Not just my agency either, others are reporting the same thing.
https://www.nessancleary.co.uk/xerox-to-close-impika/ A well researched and largely accurate summary of what transpired between Xerox and Impika. This is a recently departed Xerox employee posting on HP's page. To be informed is to be... — read more
Xerox lost its fight to keep corporate raiders from breaching it's defenses due to some self-serving moves on the former CEO's part. Now those same C-Suite servants of Icahn are tasked with parlaying their temporary gains at Xerox to much higher... — read more