A ton of WFR, Boise closing, early retirement packages.... anyone know if they still will do more layoffs this year? Side note.... who else thinks Enterprise Operations is totally a top heavy organization with all new ELT who don't know what they're doing?
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I feel like I should make a copy/paste for when people about layoffs:
Yes, HP is going to continue laying people off. They gave investors guidance on what expenses will look like in the next few years. In November 2025, when Enrique was still CEO, he announced another layoff plan that will affect 6000 people by 2028. This was announced after the layoff plan from 2023 where the same plan happened until 2025 where another 6000 were affected. They weren’t bluffing last time and they’re certainly aren’t bluffing now. The PC market is arguably worse now than 2023.
Every quarter, the company releases a 10-Q statement. Take a look at it. It’s very transparent about how many people are laid off and how much it cost to do that.
I thought we used Gmail and not outlook? Have I been working for a different company this entire time?
Hallelujah if so cuz HP is wack just like the country it came from. If you think about it HP is a smaller version of USA.