HP to slash 7,000 to 9,000 jobs over three years as part of major restructuring

[sureshkonda]

HP Inc. on Thursday announced a major restructuring that will eliminate 7,000 to 9,000 jobs over the next three years as part of a series of moves to transform the computing giant into a software and services powerhouse.

“This is one of the toughest decisions we had to make, but it is absolutely necessary for HP’s  future,” incoming Chief Executive Enrique Lores told MarketWatch in a conference call with a handful of industry analysts. Lores and Chief Financial Officer Steve Fieler laid out a financial road map for the company’s fiscal year 2020 several hours before HP’s analyst day was to start.

[tacobell fan]

CC @Tellugodu @Senatorleonfresco @cocacola @Quickgun_murugan

[Cation]

Moore's law limit ki reach ayipoyinda? Chip design lo dabbulu migalatledanukunta. 

[JambaKrantu]

Lot of desi FTEs in HP

[ChinnaBhasha]

Mostly India lo leputaru vuncle. 

[Cation]

2 minutes ago, ChinnaBhasha said:

Mostly India lo leputaru vuncle. 

It says restructuring will reshape to more service oriented., So they're slashing jobs in chip design which are mostly based here, Taiwan and some in Bangalore. 

[ChinnaBhasha]

13 minutes ago, Cation said:

It says restructuring will reshape to more service oriented., So they're slashing jobs in chip design which are mostly based here, Taiwan and some in Bangalore. 

okay darling

[Idassamed]

26 minutes ago, Cation said:

It says restructuring will reshape to more service oriented., So they're slashing jobs in chip design which are mostly based here, Taiwan and some in Bangalore. 

Do they do chip design?

[Cation]

14 minutes ago, Idassamed said:

Do they do chip design?

Ofcourse that's how they started the company. They are the reason Bay area is called "silicon" valley. A company start chesinappati stone/garage kuda Palo Alto lo undi. 

[Idassamed]

7 hours ago, Cation said:

Ofcourse that's how they started the company. They are the reason Bay area is called "silicon" valley. A company start chesinappati stone/garage kuda Palo Alto lo undi. 

They started that way but ippudu chipsets design cheyatledhu anedi naa yokka idi. 

Mostly Intel or AMD no.

[tacobell fan]

7 hours ago, Cation said:

Ofcourse that's how they started the company. They are the reason Bay area is called "silicon" valley. A company start chesinappati stone/garage kuda Palo Alto lo undi. 

Anni Palo Alto Garages lo ne untayi adento comedy ga. Andhuke Palo Alto lo Smoothie cost $28 ayyindhi

[Cation]

1 hour ago, Idassamed said:

They started that way but ippudu chipsets design cheyatledhu anedi naa yokka idi. 

Mostly Intel or AMD no.

No they still do research in this area, inka postdoctoral fellowships offering veedu, clean room lo pani chese vallaki. Unless they are doing research on this, vadiki panem undi. I know someone working on graphene and MoS2 veedi daggara....anduke anna Moore's law limit ki ochindemo ani. Next step is going into quantum computing. 

[Cation]

1 hour ago, tacobell fan said:

Anni Palo Alto Garages lo ne untayi adento comedy ga. Andhuke Palo Alto lo Smoothie cost $28 ayyindhi

Ila comedy cheyoddandi. Ma lanti students adukkuni tinalsi ostundandi. 

[tacobell fan]

5 minutes ago, Cation said:

Ila comedy cheyoddandi. Ma lanti students adukkuni tinalsi ostundandi. 

Garage chupinchi housing crisis techaru so obviously mee lanti students emi karma maa lanti vallu kuda adukkune tinali akkada unte. 

[Cation]

10 minutes ago, tacobell fan said:

Garage chupinchi housing crisis techaru so obviously mee lanti students emi karma maa lanti vallu kuda adukkune tinali akkada unte. 

Monne 1000 sq. ft empty parking lot sold for just 9 million dollars. 

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