John Paczkowski

Recent Posts by John Paczkowski

New from HP: The Pink Slip Jet 9000

LAYOFFS_BOBSHewlett-Packard currently has about 304,000 employees worldwide. Three years from now it will have 301,000.

HP today said it will reduce its employee roster by 3,000, or one percent of its workforce, over the next few years. Nine thousand workers will lose their jobs, with 6,000 new staff to be hired in the same period.

Evidently, the completion of HP’s integration with EDS, which it bought in 2008 for nearly $14 billion, has made the move necessary. And the continuing automation of the company’s computer services business has made it possible.

“We think the next 5 to 10 years will be all about automation,” Ann Livermore, Executive VP of HP’s enterprise business said during a conference call about the ugly news this morning. “These changes will allow HP to reinvest in further growth….We have a chance to further accelerate our competitive advantage. This is a substantial opportunity for us and something that we think is a good opportunity for our clients as well.”

HP expects to take a $1 billion charge for the cuts and says it anticipates they will will ultimately generate the same amount in annual savings.


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work