Hewlett Packard CEO Mark Hurd decided that HP's future was in the more lucrative world of corporate service contracts when they purchased Electronic Data Systems in May of this year. That move placed them in direct competition with IBM, who also started with personal computers before specializing in corporate service contracts. In order to fully integrate EDS, HP has decided that 24,600 people have to go. HP believes that these job losses will make them more competitive each year to the tune of nearly $2 billion although there will be one-time costs of nearly the same amount to settle accounts with their departing employees (and other goodwill adjustments). When Hurd became HP's CEO in 2005, he began a downsizing of nearly 15,000 employees in order to maximize profits in the face of ever-shrinking personal computer margins. Their strongest profit area, despite additional competition, remains in printer ink.
Hewlett Packard CEO Mark Hurd decided that HP's future was in the more lucrative world of corporate service contracts when they purchased Electronic Data Systems in May of this year. That move placed them in direct competition with IBM, who also started with personal computers before specializing in corporate service contracts. In order to fully integrate EDS, HP has decided that 24,600 people have to go. HP believes that these job losses will make them more competitive each year to the tune of nearly $2 billion although there will be one-time costs of nearly the same amount to settle accounts with their departing employees (and other goodwill adjustments). When Hurd became HP's CEO in 2005, he began a downsizing of nearly 15,000 employees in order to maximize profits in the face of ever-shrinking personal computer margins. Their strongest profit area, despite additional competition, remains in printer ink.
Ironically, I ordered 3rd party manufactured ink cartridges for the first time today. To get the free shipping, I got two bundle packs that had 2 blacks, 1 yellow, 1 magenta, 1 cyan, 1 light magenta and 1 light cyan in each. Now, I'm set for a little while. Oh, and the stupid printer won't print in black and white while I'm out of one of the colours.
I'm not disagreeing with you, but this is what keeps the economy going: suppliers, distributors, HP employees, etc. They pay taxes, spend money, get consumers to spend money. You can make the same argument for a lot of consumer goods. Whatever the market is willing to bear.
That said, I've seen the wholesale prices on the cartridges. Yes there are absurd profits. They are worse than some other products (like running shoes) because cartridges can dry out and get used up rather quickly.
Yeah, and that is stupid... you dont need black + CMY over coating it to make black... just make the darn blak pigment pure black... its just a big scam in the inkjet world to waste color ink... I use to have a Deskjet 360 i think it was? but when black ran out it would make black with CMY and when CMY where out it would print in grayscale only... those use to be the day
I use such software to make my printer think it always has ink in it - as im running a continuous ink system on my Epson R1800 (it costs less than a 1/10th of the price but the same quality prints). Also running such a system actually saves you even more money as you never really have to clean the print heads and also it doesnt automatically do a print head clean when u install a cartridge - print head cleaning actually cleans all the heads and wastes a bit of ink out of them all!!
Branded computer ink is more expensive than caviar for volume making it one of the most expensive things you can buy.
Not Canon. Their refills aren't overpriced either.
Canon printers continue printing even when there is no color ink, of course you have to select grayscale for color printouts or end up with blank pages.
Unfortunately for your friends, it is mostly EDS jobs being cut.
No chance. In fact all of the new jobs they say they are going to create will be in India. You will only get the bare minimum required by law in that country, and nothing else.
Last edited by silverfox55 on 16 Sep 2008 - 20:26
But I'm in an very unusual situation, and for the rest this truly sucks.
Last edited by silverfox55 on 16 Sep 2008 - 16:26
And why not to strike?. they have little to lose and too much to win.
Oh really?
:AHEM:
www.cwu.org
www.twu-canada.ca
www.cwa-union.org
www.allianceibm.org
Are you sure about that?
Oh really?
:AHEM:
www.cwu.org
www.twu-canada.ca
www.cwa-union.org
www.allianceibm.org
Are you sure about that?
unless you are assuming (as usually happens) that i am in the US or Canada, no there are no IT unions here.
Commenting has either been disabled on this article or you are not logged in. Click here to login or register, its free!
Note: Anonymous commenting is disabled in order to keep the quality of responses to a high standard.