Go Meg, sack more workers!
HP CEO Meg Whitman is to brief financial analysts Stateside later today on the commercial forecasts post split, with Wall Street types also expecting detailed news of more jobs cuts on the Enterprise Services side. The company breaks apart legally from the 1 November, forming HP Inc (PC/printers) and HP Enterprise (the rest of …
Yeah, DB doing the analysis on HP, after giving HP a huge contract that's been drawn out in execution by DB's own internal problems...but the DB analysts are going to try to put some gloss on the HP split, a mindless tactic that's fooling no one.
While HP Enterprise "reduces costs" by laying off people who are being paid for by their customers, then turning around and telling those customers that they can't deliver because they don't have the people to do so. That sounds like a winning plan!