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

By Rick
Sep 10, 2012
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  1. 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...

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  2. lchu12

    lchu12 TS Booster Posts: 195   +9

    I hope HP bounces back...I might hate their consumer products with a passion, but I love their Elitebooks.
  3. 9Nails

    9Nails TechSpot Paladin Posts: 1,215   +177

    I hope R&D does more than buy an Apple product and figure out how HP can put their label on it. :)

    I'm also not a fan of HP consumer products. They do need this focus on R&D in this division.

    Where I see HP shining is in their business server line.

    I still use them for printers. But this is more out of habit / existing toner supply than anything else. Other companies are just as good if not better in printing. HP is starting to unify their drivers, so that helps.

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