The Aircraft Carrier Hewlett-Packard Begins Its Turn (Video)

The turnaround process is about 10 percent to 15 percent complete, CEO Meg Whitman says. That leaves a lot of turning yet to do.
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Hewlett-Packard Scores a Second Quarter Beat; 27,000 Jobs To Be Cut

Good news first. Then come the job cuts.
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HP’s Whitman to Shed More Light on the Future, Including Job Cuts, Today

Expect earnings in line with expectations, but also some details about job cuts to come.
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Voices

Tencent to Restructure Business

Tencent Holdings said Friday it will restructure its business operations into six groups and named a new chief operating officer as the Chinese Internet company moves to improve efficiency and grow beyond its core gaming business.

HP’s Whitman to Announce Restructuring Plan Wednesday; 30,000 Jobs Targeted

The plan is simple: Cut here, reinvest there.
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Exclusive: Yahoo’s Thompson Out; Levinsohn In; Board Settlement With Loeb Nears Completion

The final shoe — shoe store, really — drops.
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Stern Named Head of New Strategery Role at Yahoo

The man who has been the Swiss Army Knife of Yahoo will be key strategy guy for Thompson, who clearly wants to do a lot of strategizing.
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Back in Its Skinny Jeans, Cisco Systems Looks for Fat Profits

Its restructuring done, Cisco Systems will today attempt to make the case that it is turning the corner.
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They Shoot Yahoo CEOs, Don’t They? But Not Without a Really Smoking Gun and a Much Stronger Board.

While many across the blogosphere — including some very clever tweets — called for the head of Scott Thompson tout de suite, that’s just not going to happen. At least for now. And here’s why.
smokinggun

One Sony, 10,000 Layoffs