Sep 15

This Is Why Hewlett-Packard Just Fired Another 30,000

Remember when Hewlett-Packard announced it would fire 58,000 in February just so the company could spend even more billions on stock buybacks to make its shareholders filthier rich? Alas, since then things have gone south not only for HPQ stock but also for the company’s buybacks activity and so Meg Whitman clearly needed to spend even more on buybacks. But where to get the money? Wait, here’s an idea: lets fire another 30,000!

Tags: , ,

One Response to “This Is Why Hewlett-Packard Just Fired Another 30,000”

  1. Squodgy Says:

    Just to keep things in perspective.

Leave a Reply