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
Topics regarding layoffs at HP (Hewlett-Packard)
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
Xerox taking over HP? Go to the Xerox page on this site and read the posts. What's striking is the vitriol and absolute loss of decorum. I'm reminded of the great zombie movie 28 Days Later. The virus will spread rapidly through HP if Xerox breaks... — read more
Many CW's are reporting that their agencies have been requested by HP to take an additional 5 days off before the end of January. This is in addition to the 2 week shut down that all of HP has at the end of the year.
The hostile takeover chats on here were both deleted all if a sudden....
Don’t let Xerox take you over. I worked for them for many years and I now work for an HP dealer. Sales are drastically picking up as customers like HP copiers and people are becoming aware HP is in the A3 market. Be patient and HP will succeed. A... — read more
If the market makes a turn soon, do you think there will be HP Layoffs 2020? Any news or rumors?
To all current HP employees, please aggressively look for opportunities outside of the company. Be willing to take a slight pay cut or fewer benefits if necessary. Trust me, taking the risk of changing employers will only benefit you long-term. There... — read more
Take a look at Conduent. Xerox bought ACS to expand services. Icahn spun it off after raiding Xerox to form Conduent. Now it's buried in debt. All Xerox employees that transferred are long gone. We are living through the final chapter of the HP &... — read more
I just went through the Xerox page on this forum and now I'm regretting that big time. If we thought things are bad here, there they seem to be at least two times worse. Now I'm left praying that this whole acquisition doesn't go through. Who... — read more
The HP employees who remain after restructuring will have to accept Xerox benefits.
Everyone that applied for early enhanced retirement was approved. The deal was great and if you didn’t apply you miss a great opportunity since layoffs are coming after EER
I feel sorry for all the employees of HP. Our leadership team exists only for the short term goal of funneling money to Carl Icahn. The office is ruled by apathy and despair. Don't need large layoffs because people are quiting in large numbers every... — read more