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jeffend1981 t1_ixhdnw5 wrote

Only the beginning. All of these companies who were printing money in 2021 and overhiring in the process are now coming back down to reality.

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zephyy t1_ixi1z9s wrote

HP didn't overhire. They have less employees now than they did in 2019, the last time they laid people off.

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w3bCraw1er t1_ixj9k6v wrote

This is not even printing money. HP is just a crap company

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sbos_ t1_ixjnt1w wrote

It's like the housing market that all sudden popped...Thats coming down too

0

kilkonie t1_ixiq94r wrote

To be clear: HP has been shedding 1-2k people annually for years. This 6k employees will be spread over three years and will be spread across the globe. Not to downplay the global economic situation, but many of these layoffs were planned and timed to minimally impact stock.

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heckdditor t1_ixi6lec wrote

Why they have 6k employees? This explains all those crappy printers.

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RubyRocket1 t1_ixhdsfo wrote

They need to repurchase the rights and reopen their calculator division and make a followup to the HP-50g... just saying.

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lilrabbitfoofoo t1_ixi7qjl wrote

All companies lie together now:

"Please don't sink our stock price anymore!"

1

S1ck0fant t1_ixiahes wrote

Which tech workers are getting hit the hardest?

1