If the economy turns around, do you anticipate any HP Layoffs in 2019?
6 replies (most recent on top)
I heard from an employee they are doing a mass lay-off.
Nobody is irreplaceable and few of the positions in HPQ require anything more than high intelligence and a high school diploma. I watched MBA's come in and do work that ANY smart person could do (and contribute.)
So laying off people won't really harm anything. If it gets tight they can get any other body to step in.
In July last year WSJ said that HP will layoff a total of 5,000 workers in FY 19. I was one of them, friends of mine still working there say that all reqs are frozen, and they want to cut back or "efficiencies" as HP calls it for the next two quarters being Q2, and Q3, but hey "Neon" Dion is still saying they have double digit growth. You can only lay off so much labor until you hit those diminish returns Dion..
Silent layoffs are happening in the US. Some seem to be to random people but others are due to re-organizations
Cutbacks continue with CW workers. The agency I work for just cut back hours for some contractors to 20 hours a week. This is just supposed to last until Jan 2019.
Jobs are still being eliminated right now. Just heard of another person (HP direct, not a CW) being let go at the end of this week. Job position eliminated. Even some temp workers are not having their contract renewed. It is not a large number but enough to see empty desks around the place.