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HP to Layoff 15,000 Employees
William Robinson writes "ZDNet reports that HP is planning to layoff 15000 employees. IT, sales and services will be among the areas particularly hit, although the sweeping cuts will be felt throughout the company, according to a close source to the company." From the article: "HP is expected to announce the layoffs as early as Monday, but employees are not expected to be immediately notified of their status, the source said, noting such a practice is common in corporate America. More high-level discussions on the layoffs will occur late next week and employees may get a greater sense of their specific status sometime thereafter."
I guess this averages out with management's planned $10 million per executive along with the $1000 normal employee package.
Remember folks, outsourcing is good for the economy!
Bob: "We find it's always better to fire people on a Friday."
Bob: "Studies have statistically shown that there's less chance of an incident if you do it at the end of the week."
SCO employee? Check out the bounty
So is this the freight train of a bull economy everyone is raving about?
You're probably critical of Bush, too. Why, Rumsfeld and Bush alone have created more than 130,000 full-time jobs in Iraq.
The Luddites were ahead of their time.
It looks like they laid off 30% of the keys on his keyboard.
-- I'm old enough to have lived through six different meanings of the word "hacker."