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> VP's, Directors, Managers are all trying to build their status, and they 'push to hire'. > When big, lumbering companies start to wane, well, they can't affor
by losteric 9y ago
> VP's, Directors, Managers are all trying to build their status, and they 'push to hire'.
> When big, lumbering companies start to wane, well, they can't afford all the graft and have to start letting go.
The thing is, they start by cutting front-line employees instead of the root cause of inefficiency: management and bureaucracy. It's best to immediately fire the managers that were hiring for the sake of status.
- alexasmyths 9y agoBy the time a company needs to do 'layoffs' it's usually way too late. HP is a dinosaur. They are just a machine that was setup, doing whatever they did before, and won't really be able to change. Because they are in tech, it's unlikely they will be able to 'turn around' - it's too competitive. Maybe KMart or Sears maybe under the right management could have turned around. Maybe. A cracker company. An insurer. But not HP. What are they going to do, AI? And I don't mean 'strategic layoffs' - like MS has done - that's just somewhat ruthless restructuring. I don't see how IBM or HP truly recover. One interesting addition may be Cisco, someday. Not yet though.
- PoachedSausage 9y agoThey could go back to making test and measurement instruments, they were pretty good at that.
- CommieBobDole 9y agoThey spun that off in 1999 to create Agilent. Which, unlike the rest of the rotting carcass of Hewlett-Packard, seems to be healthy and profitable.