On Mon, 15 Sep 2008 19:12:34 -0700 (PDT), wf3h
wrote:

On Sep 15, 8:17*pm, A Boater wrote:
UPDATE 3-HP to cut 24,600 jobs; to take $1.7 bln EDS charge
Mon Sep 15, 2008 8:13pm EDT

(Adds CFO comments on financial outlook; updates stock move)

By Eric Auchard
REuters

SAN FRANCISCO, Sept 15 (Reuters) - Hewlett-Packard Co (HPQ.N: Quote,
Profile, Research, Stock Buzz) plans to cut 7.5 percent of its work
force, or 24,600 jobs, seeking to realize savings from its recent
acquisition of Electronic Data Systems Corp, the company said on Monday.


gee. let me sing the standard GOP song.

these 25,000 people were lazy. they were failures. no wonder they
deserved to be fired. it has NOTHING to do with the WONDERFUL ability
of corporate management to run the business.

it's all their fault. they are, after all, middle class...that is, in
and of itself, proof of their incompetence.

I can remember a time when companies performance was often judged on
how many new employees thay were adding. When a company announced that
they were going to hire 5000 people in the next six months, their
stock would go up. It was a sign of strength and growth.