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Normally shake ups in management and earnings outlooks don't really grab our attention. But, buried in the PR for just such moves from HP today was a particularly intriguing tidbit of information. In Q3 the company expects to be hit for $8 billion in pre-tax assets (but not cash) as part of an \"imp

2 years ago 0 Comments
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Looks like rumors of major cost-cutting measures at HP are true: the company along with its fiscal Q2 results has just outlined plans to slash 27,000 jobs by the end of its fiscal 2014. The group of affected staffers, or about eight percent of the workforce, is being offered an \"early retirement\"

2 years ago 0 Comments
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Word 'round the campfire is, HP may be prepping to spin off its PC business. Though Hewlett-Packard is the world's largest computer company, desktops and laptops are a relatively low profit margin business. Obviously, there's no confirmation yet that such a split will happen, but with the recent foc

3 years ago 0 Comments
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And to think -- that $2.3 billion figure might have been a few million higher if not for the absurd Golden Parachute that Mark Hurd will continue to float on for centuries to come. All jesting aside, HP published its Q3 2010 financials today, reporting a healthy $2.3b in operating profit (not to be

4 years ago 0 Comments
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We joked about HP printers running webOS almost the second we learned about the Palm acquisition, but it turns out that's actually part of the plan: HP CEO Mark Hurd told analysts that webOS would hit a \"variety of form factors, including slates and web-connected printers\" on the company's Q2 fina

4 years ago 0 Comments