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Another Round of HP Layoffs

geekroot's dad writes "AP News is reporting that Palo Alto, California-based Hewlett-Packard is 'fighting to stay competitive with formidable rivals like IBM and Dell' and is announcing 5,900 European job cuts "to safeguard the future" of the company. From the article: 'Michel Destot, the Socialist deputy mayor of the southern France city of Grenoble - where HP has one of its French plants - said the layoffs were "unacceptable" and demanded that HP managers also meet local politicians to discuss scaling back the job cuts.'" This round following the first cut back in July.

2 of 515 comments (clear)

  1. Re:Business and Government by frgough · · Score: 1, Troll

    Um, this is France. The government over there has their fingers in every aspect of business. Why do you think they're unemployment is Chronically close to 20%?

    --
    You can tell the character of a man by observing those who hate him.
  2. Re:Business and Government by Pxtl · · Score: 1, Troll

    Holy Right Wing Moderation Batman! Correcting the "interesting" post that French unemployment is at 10% instead of 20% is a "troll".