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  • Employees on edge after Hewlett Packard layoffs report


    — Authority Authority:
    9,000 employees will be laid off before Halloween, according to an official statement released on Wednesday 18,000 additional employees will be laid off by 2014, mostly from the Enterprise Services unit  source » So what about the remaining employees?  No one is quite certain what plans CEO Meg Whitman ...
    1 day ago

  • Tech Stocks: Can Meg Whitman Deliver the Next Great Turnaround?


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    In a prepared statement Wednesday Whitman said, "While some of these actions are difficult because they involve the loss of jobs, they are necessary to improve execution and to fund the long term health of the company." So far Wall Street likes her plan. Hewlett-Packard (NYSE: HPQ ) stock was up 10% in ...
    1 day ago

  • Tech Thursday: News Roundup


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    Windows 8, Facebook IPO troubles, mobile advertising challenges, and what a hot lawsuit against a Silicon Valley VC means for women in technology. Read on to see the stories making headline news on the tech scene this week! Trending today on Twitter First trending we have “RIP Justin Bieber.” Then later, ...
    1 day ago

  • HP Lays Off 27,000 Employees in Largest Workforce Cut in the Companys History


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    By Marissa Brassfield, PayScale.com Hot on the heels of General Mills layoffs comes the news that HP is cutting 8 percent of its workforce -- some 27,000 employees. What facets of the business will be affected most? The layoffs are selective: The services business is just one area that will shrink as HP ...
    1 day ago

  • HP Payroll Purge may culminate in the loss of 27,000 jobs


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    SAN FRANCISCO (AP) — Hewlett-Packard CEO Meg Whitman has quantified the painful price that must be paid for the missteps of her predecessors as she tries to turn around the Silicon Valley pioneer. The bungling will wipe out 27,000 jobs so HP can save enough money to lift its earnings and invest in the development of ...
    1 day ago

  • HP Layoffs to Hit Former EDS IT Service Business Hardest


    — Authority Authority:
    Tech giant HP (NYSE:HPQ) yesterday confirmed the rumors that had been swirling for the last week — the company will lay off 27,000 employees, an 8 percent workforce reduction. CEO Meg Whitman characterized the HP layoffs as a business process re-engineering, and HP executives said that the company will be ...
    1 day ago

  • HP’s Missteps Culminate in Loss of 27,000 Jobs


    — Authority Authority:
    SAN FRANCISCO  — Hewlett-Packard CEO Meg Whitman has quantified the painful price that must be paid for the missteps of her predecessors as she tries to turn around the Silicon Valley pioneer. The bungling will wipe out 27,000 jobs so HP can save enough money to lift its earnings and invest in the development of ...
    1 day ago

  • Hewlett-Packard to slash 27,000 jobs


    — Authority Authority:
    London, May 24 (IANS) The world’s largest maker of personal computers, Hewlett-Packard has announced plans to cut 27,000 jobs.The move, which will affect about eight percent of the company’s 350,000-strong workforce, will form part of a cost-cutting drive aimed at saving up to 2.2 billion pounds a year, Daily ...
    1 day ago

  • HP TO CUT 27,000 JOBS WITH NEW RESTRUCTURING PLAN


    TECHNOLOGY NEWS — Authority Authority: 117
    HP To Cut 27,000 Jobs With New Restructuring Plan Hewlett-Packard voiced Wednesday which it is slicing 27,000 jobs in a during large approaching scheme directed during slimming down a company. The association expects a layoffs, which volume to 8% of a worldwide workforce, to save $ 3 billion to $ 3.5 billion by a ...
    1 day ago

  • HP blames smartphones and tablets for job cuts


    — Authority Authority:
    Rating: Doing a Nokia and ignoring Android at its peril Android could save H-P It appears that Hewlett-Packard (H-P) is blaming its current misfortune on the rise of smartphones and tablets – such as the iPad. These have impacted sales of laptops for the world’s largest vendor of computers. GoMobile News ...
    2 days ago

  • 10 Reasons To be Suspicious About Wall Streets Facebook Fiasco


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    Three of Wall Street biggest and best-known financial institutions handled the Facebook IPO, so why were people immediately suspicious when the stock soared and then promptly tanked? Easy answer: Because three of Wall Street biggest and best-known financial institutions handled the Facebook IPO. Each of them - ...
    3 days ago

  • What HP Layoffs Will Say About Hardware, Software and Services


    — Authority Authority:
    As Hewlett-Packard (NYSE: HPQ) prepares to cut somewhere between 25,000 to 30,000 HP employees (or roughly 8 percent of HP’s workforce) one thing is clear: HP’s problems are not isolated to any one particular business unit. The company faces clear challenges across its hardware, software and services initiatives ...
    3 days ago

  • Hewlett-Packard to cut 30 000 jobs


    — Authority Authority:
    Consumer electronics manufacturer Hewlett-Packard (HP) is said to cut around 30 000 jobs in the coming weeks. According to news sources, HP’s chief executive Meg Whitman plans to use the funds saved...
    3 days ago

  • Facebook CEO Mark Zuckerberg’s 2013 Salary: $1


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    Facebook Co-Founder and Chief Executive Officer Mark Zuckerberg will follow in the footsteps of other notable tech CEOs and take a base salary of $1 in 2013, taking one step toward slashing his tax burden. continued… New Career Opportunities Daily: The best jobs in media .
    4 days ago

  • Newsletter Issue #651


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    #leftcontainerBox {float:left;position: fixed;top: 60%;left: 70px;}#leftcontainerBox .buttons {float:left;clear:both;margin:4px 4px 4px 4px;padding-bottom:2px;}#bottomcontainerBox {height: 30px;width:50%;padding-top:1px;}#bottomcontainerBox .buttons {float:left;height: 30px;margin:4px 4px 4px 4px;}THIS WEEKS TECH ...
    5 days ago

  • Romney Praises Meg Whitman As News Breaks That She Is Slashing 30,000 American Jobs While Leaving Companys Jobs in China and Elsewhere Intact


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    In an interview with the National Review published on Thursday, Mitt Romney said he wished Whitman were the Governor of California instead of Jerry Brown, whom Romney insisted was doing things wrong. Romney praised Whitman as an economic guru, telling the Review,“I wish …
    5 days ago

  • Huge HP layoff: Whitman to decimate troops


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    HP will layoff around 10% of the company , according to two reports. Hewlett-Packard (NYSE:HPQ) is said to be readying massive job cuts, focusing on expensive consulting staff. In IT Blogwatch, bloggers fear for their careers. read more
    1 week ago

  • HP To Get Back In Tablet Business With Windows 8


    Techie Buzz — Authority Authority: 534
    Meg Whitman, CEO of Hewlett-Packard, wants HP to get back into the ever booming tablet business, reports Bangkok Post . Having burnt their hands with WebOS powered TocuhPad tablets, this time HP will be bringing tablets in the market with Microsoft’s Windows 8 operating system. After acquiring Palm for $1.2 ...
    2 weeks ago

  • Meg Whitman: HP’s engineering is very much still alive, aims to be cloud computing leader


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    HP sure knows how to wrap up a party -- by letting its CEO make a surprise appearance right at the end of the show. Joining Todd Bradley on the stage, Meg Whitman reassured the audience with her companys "commitment to fantastic products," and that "engineering is very much still alive from HP." In regards to the ...
    2 weeks ago

  • Meg Whitman: HPs engineering is very much still alive, aims to be cloud computing leader


    — Authority Authority:
    HP sure knows how to wrap up a party -- by letting its CEO make a surprise appearance right at the end of the show. Joining Todd Bradley on the stage, Meg Whitman reassured the audience with her companys "commitment to fantastic products," and that "engineering is very much still alive from HP." In regards to the ...
    2 weeks ago

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