Mike wrote:
"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.

Hey Mike, what company was your wife with that was gobbled by the big
EMC monster?

Bert