HP has announced it will cut an additional 11,000 to 16,000 positions from its workforce, bringing the total number of layoffs it has made since May 2012 to as much as 50,000 employees.
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A decline in global PC shipments and sales has forced HP to reshuffle their PC business, moving long-time head Todd Bradley to strategic growth and replacing him with ex-Lenovo employee, Dion Weisler.
Meg Whitman & company are working hard to turn the tables on HP's sinking fortunes, and they think they can pull it off by 2014 with a new consumer strategy that involves less PCs and more mobility.
After being grilled with some pretty harsh questions at today's shareholders meeting, HP CEO Meg Whitman praised Apple and Steve Jobs, saying that HP needs to "become more disruptive, like Apple."
It appears HP is lost for words with WebOS. The company knows it failed, but it doesn't know what to do with it going forward, and is stalling a decision.
HP's new CEO Meg Whitman has said that HP will decide what it wants to do with its massive PC division by the end of October, rather than by the end of the year.
In an email sent to all HP employees, its new CEO Meg Whitman says she wants to hear from team members on how to improve the currently troubled tech and PC company.
HP has confirmed that it has named Meg Whitman as its new CEO and President as the company's previous CEO Leo Apotheker officially steps down from the position.