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Tech Industry

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.

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's Michael Kanellos gives incoming CEO Mark Hurd a few words of ditch the Gulfstreams.
April 6, 2005