HP has been able to stabilize its PC business which is a feat in this current day and age, but the rest of the business is lagging, an indicator that HP is still facing significant problems.On top of the 34,000 layoff announced about the time that Meg Whitman took over as CEO, HP announced that another 11,000 to 16,000 positions would be eliminated. The company currently employs just shy of 320,000 employees.
The announcement came during the company’s 2nd quarter earnings call, where HP outlined an increase in revenues and higher net income, but a decline in sales overall. PC sales ...
from PhoneArena http://ift.tt/1trquYV
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