Thread regarding HP (Hewlett-Packard) layoffs

This doesn't look that bad

HP Inc. is expected* to report earnings on 02/28/2022 after market close. The report will be for the fiscal Quarter ending Jan 2022. According to Zacks Investment Research, based on 6 analysts' forecasts, the consensus EPS forecast for the quarter is $1.04. The reported EPS for the same quarter last year was $0.92.

Do you think this is good news? Are things starting to improve?

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Post ID: @OP+1fvl9eXO

4 replies (most recent on top)

And what is a financial reset? More likely a sell off via a split.

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Post ID: @esuz+1fvl9eXO

Husband and all the others in group were laid off today. Yesterday was business as usual and today the call came. Something is brewing and we may be in for a financial reset in the future. Wish these companies provided more stability for families.

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Post ID: @9heg+1fvl9eXO

one thing is service is being outsourced to Hemmersbach,just like hpe did in 3 months ago.Guess theres no money there

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Post ID: @1ato+1fvl9eXO

HP has some solid momentum right now but it's hard to say when we will reach our limit of success. The chip shortages will eventually catch up to us, and it's matter of when, not if.

There is so much internal shuffling right now, a witch hunt for VPs and directors. In the last month, I know about 5 VPs or directors that have taken a retirement package... or as they, "making a very difficult decision to leave the company".

HP is up to something but it's hard to say what.

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Post ID: @1nwf+1fvl9eXO

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