HP's hard line means layoffs, partner squeeze
PC and printer giant cuts 14,500 jobs in major restructuring and aims to crack the whip on distributors.
The PC and printer giant unveils a major restructuring dominated by word of 14,500 layoffs. It's also dissolving a unit that sells to corporations and planning to crack the whip on distributors.
July 19, 2005
July 19, 2005
July 18, 2005
July 18, 2005
July 18, 2005 previous coverage
July 11, 2005
April 6, 2005
HP printing out 14,500 pink slips
Sales and support workers are hardest hit under restructuring plan intended to save $1.9 billion annually.July 19, 2005
Hurd takes hard line with partners
CEO says company wants to make sure partners are in line with selling multiple HP products at once.July 19, 2005
New CIO gets $15.3 million pay package
Among other perks, the exec is getting a $2.2 million signing bonus and a $1 million relocation stipend, according to an SEC filing.July 18, 2005
PC shipments growing faster than expected
As more first-time buyers snap up low-cost machines, HP hangs on to its No. 2 spot.July 18, 2005
Organizer cancels HP World trade show canceled
Interex prepares for bankruptcy as Hewlett-Packard goes on to produce similar shows.July 18, 2005 previous coverage
HP hires former Dell exec for CIO post
Randy Mott takes over from Gilles Bouchard as HP splits its global operations and IT departments.July 11, 2005
How Hewlett-Packard can be saved
perspective CNET News.com's Michael Kanellos gives incoming CEO Mark Hurd a few words of advice...like ditch the Gulfstreams.April 6, 2005