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.

HP said it would carry out the cutbacks over the next three years, while
replacing about half the jobs in new areas of its services business. It
announced the plan ahead of a meeting with Wall Street analysts to
detail the merger plans.

Nearly half of the job reductions will take place in the United States,
the Palo Alto, California-based company said.

EDS was headquartered in Plano, Texas, near Dallas.

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.

"wf3h" wrote in message
...
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.

HP bought EDS. There are lots of redundant positions. Happens all the time
when two companies merge. If they needed the 25k people they would keep
them. They fire people just because they want to? Idiot!

"Calif Bill" wrote in message
m...

"wf3h" wrote in message
...
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.

HP bought EDS. There are lots of redundant positions. Happens all the
time when two companies merge. If they needed the 25k people they would
keep them. They fire people just because they want to? Idiot!


Yeah... people like that are idiots. My wife's company hase been bought 3
times in the last 6 years. Luckily, her position was one of the reasons her
company was purchased and she was lucky. At each sale, many redundant
positions were eliminated. Unfortunately, that's what happens. Now she's
with EMC...much closer to the top of the food chain.

--Mike

On Sep 15, 10:37*pm, "Calif Bill" wrote:
"wf3h" wrote in message

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.

HP bought EDS. *There are lots of redundant positions. *Happens all the time
when two companies merge. *If they needed the 25k people they would keep
them. *They fire people just because they want to? *Idiot!

puppet. doesn't do much for the standard party song that, if you work
hard, you'll have a good, secure job, does it?

unless, of course, you're a CEO

On Sep 15, 10:44*pm, "Mike" wrote:
just because they want to? *Idiot!

Yeah... people like that are idiots. My wife's company hase been bought 3
times in the last 6 years. Luckily, her position was one of the reasons her
company was purchased and she was lucky. At each sale, many redundant
positions were eliminated. Unfortunately, that's what happens. Now she's
with EMC...much closer to the top of the food chain.


i admire your simple, childlike faith. and i don't want to shock you
but....


there is no easter bunny...

there is no easter bunny...

As long as Santa is safe, I'm cool....

Join the rest of the morons... plonk

--Mike

"wf3h" wrote in message
...
On Sep 15, 10:44 pm, "Mike" wrote:
just because they want to? Idiot!

Yeah... people like that are idiots. My wife's company hase been bought 3
times in the last 6 years. Luckily, her position was one of the reasons
her
company was purchased and she was lucky. At each sale, many redundant
positions were eliminated. Unfortunately, that's what happens. Now she's
with EMC...much closer to the top of the food chain.


i admire your simple, childlike faith. and i don't want to shock you
but....


there is no easter bunny...

"Mike" wrote in message
...
there is no easter bunny...

As long as Santa is safe, I'm cool....

Join the rest of the morons... plonk

--Mike

"wf3h" wrote in message
...
On Sep 15, 10:44 pm, "Mike" wrote:
just because they want to? Idiot!

Yeah... people like that are idiots. My wife's company hase been bought 3
times in the last 6 years. Luckily, her position was one of the reasons
her
company was purchased and she was lucky. At each sale, many redundant
positions were eliminated. Unfortunately, that's what happens. Now she's
with EMC...much closer to the top of the food chain.


i admire your simple, childlike faith. and i don't want to shock you
but....


there is no easter bunny...


Did wf3h kill him / her? Another point not in his favor.

"wf3h" wrote in message
...
On Sep 15, 10:37 pm, "Calif Bill" wrote:
"wf3h" wrote in message

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.

HP bought EDS. There are lots of redundant positions. Happens all the time
when two companies merge. If they needed the 25k people they would keep
them. They fire people just because they want to? Idiot!

puppet. doesn't do much for the standard party song that, if you work
hard, you'll have a good, secure job, does it?

unless, of course, you're a CEO

Where does it state you get a job for life? CEO's get canned also.

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.