HP Could Fire 25,000 In Cost-Cutting Move

A logo of HP is seen outside Hewlett-Packard Belgian headquarters in Diegem, near Brussels, January 12, 2010
Shares of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, were largely unaffected by a report it would fire as many as 25,000 employees as part of cost-cutting measures.
More news

Have CEO Severance Packages Gotten Out of Hand?

The whole process is to ensure that compensation is aligned with shareholder interest, Steve Rabitz, an attorney with Stroock & Stroock & Lavan who specializes in executive compensation, told International Business Times. But shareholders sometimes are angered by executive packages they believe are increasingly over-the-top.
Meg Whitman gives her concession speech during her election night rally in Los Angeles

Is Léo Apotheker On the Way Out From HP?

Several media reports say that Hewlett-Packard (NYSE:HPQ) is considering ousting CEO, Leo Apotheker, only 10 months after he officially took the helm on Nov. 1, 2010.

If Apotheker is Out, is that Requiem for the 'HP Way?'

The world may know later Wednesday whether or not Leo Apotheker will remain CEO of Hewlett-Packard into his second year. After a year on the job, the HP leader's progress ought to be reviewed. But if a computer-savvy expert who's not been given much of a chance to put a strategy into effect is booted out, where is the HP Way?

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.