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0 pointslosteric8y ago0 comments

> 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.

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3 comments · 1 top-level

alexasmyths8y ago· 2 in thread

By 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.

PoachedSausage8y ago

They could go back to making test and measurement instruments, they were pretty good at that.

CommieBobDole8y ago

They 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.

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