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meg whitman articles

HP rumored to be considering company "break up"

In 2011, former CEO Leo Apotheker proposed jettisoning HP's iconic PC business -- a division which suffers from notoriously anemic profit margins -- in an attempt to return HP to greater profitability. Although Apotheker's successor, Meg Whitman, canned that idea,…

HP bumps layoffs up to 29,000, plans to invest more into R&D

In May, HP announced it would be cutting 27,000 jobs worldwide or about seven percent of its total workforce. However, yesterday ZDNet broke down HP's 10-Q quarterly SEC filing which spells out the elimination of 2,000 more jobs than previously stated, making for…

Weekend tech reading: How HP lost its way

A few months after she took over as the CEO of Hewlett-Packard (HPQ) last September, Meg Whitman held one in a series of get-to-know-you meetings with employees. To say the audience, a group of software engineers and managers, was sullen would be an understatement...

HP restructuring printer and personal computer groups

Hewlett Packard has announced plans to restructure its core businesses, a move that will see its Image and Printing Group merged into its Personal Systems Group as the American firm looks to stabilize the company and introduce further cost-saving measures.

HP profits drop 44 percent, CEO pleads for patience

Veteran Silicon Valley executive Meg Whitman pleaded for patience yesterday as she revealed that HP’s first fiscal quarterly earnings (PDF) had dropped 44% due to a decline in sales across three of its key units: personal computers, printers and enterprise equipment. …

HP won't sell its PC business after all

HP won't sell its PC business after all. The company finished evaluating strategic alternatives for its Personal Systems Group (PSG) today and decided that its customers, partners and shareholders would be best served if the unit remained at home. This…