Arik Hesseldahl

Recent Posts by Arik Hesseldahl

HP Raises Job Cut Estimate to 29,000

Hewlett-Packard says it will cut 29,000 jobs between now and early 2014. That’s higher than the initial estimate of 27,000 the company predicted over the summer. The new estimate was disclosed in HP’s 10-Q filing with the U.S. Securities and Exchange Commission this morning. The new estimate comes on the heels of the disclosure last month that HP’s restructuring charge related to job reductions would be closer to $1.5 billion, up from $1 billion. CEO Meg Whitman attributed the change in part to a higher number of voluntary buyouts than had been anticipated.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik