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."
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...blame our state and federal governments.
Excessive regulations, ridiculous wage requirements, forced benefits, excessive taxation and inflation of the currency all combine to create a country that just can't compete.
Seriously consider moving to a free market like Dubai if you're facing a pink slip. Lots of high paying IT jobs in that freedom-loving city.
Corporations have no god-given right to their property-rights. They were given the environment that provided their property rights by the US's citizens who defended not only defended those property rights with their lives and tax dollars, but were the source technologically creative culture these globalizing traitors now sell-out to foreign competitors with the cooperation of corrupt politicians.
PS: This isn't to say this movement of labor off-shore isn't welcomed. The less power companies like HP have over the US the faster the US will recover from the slide to third-world status created by these Frankenstein monstrosities.
Seastead this.