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HP to cut 25-30k jobs

bbc.com

101–110 of 319 posts

Re: HP to cut 25-30k jobs

#101
post #85
post #2

No problem, the new "technology" in the Silicon Valley is AirBnB and Facebook. Let China do the hard stuff.

Yeah, because running Facebook isn't hard at all. Maybe you should clue them in how they don't actually need all these positions at all https://www.facebook.com/careers/teams/infrastructure

"Never mistake activity for achievement." - John Wooden

Re: HP to cut 25-30k jobs

#102
post #23
post #8

My father is a field-service engineer for HP in Midwest (based out of Minneapolis, but he has calls all over from Fargo, ND to Mpls, MN to Madison, WI). He is _the_ go-to for their biggest, most senior, most mission-critical clients. He put together UMN's Alpha setup, is the only guy that USPS will call for help, MNSCU, Best Buy, UHG... basically, anyone with an HP setup (server or printer) that's a Fortune 1000 (and…

Your dad needs to think about the next best 5 guys, and how to pick them up for cheap when the layoffs happen. At his age striking out on his own will seem absolutely terrifying. Work on him for a few months. He must have built up some serious contacts over the years. His pitch is straightforward. HP can't actually support their products anymore, they don't have the staff. He knows the hardware inside and out. Sell s…

It bothers me when people suggest unrealistic possibilities to people being layed off like starting their own businesses.

There's 10% unemployment. Is that really a legit solution?

Capitalism is built on the idea of everyone 'working' and 'having a job' and theres lots of people like his dad who really want work, and are loyal and hardworking.

But there's not enough jobs to go around and the amount keeps decreasing due to automation.

So what happens next?

Re: HP to cut 25-30k jobs

#103
post #91
post #19

Earlier quoted context omitted.

The amazing coverage they have is barely cutting it. He pays pennies on the dollar for the coverage they get. I can't imagine it would be like this at all on the exchange.

Good news: you're almost certainly wrong :) Obamacare in MN is through https://www.mnsure.org/ . Your father being fired or laid off qualifies as a special enrollment event. If your mother is seriously ill, look at gold plans and simply look at the maximum out of pocket. Find a plan with a maximum out of pocket of $2k or even $1k pp. They'll spend it all, and after that, your out of pocket expenses will be limited to…

At $1,000/month that's over 10% of his pre-tax income at his current job. That's a lot of money if you aren't working and your income goes to zero.

Re: HP to cut 25-30k jobs

#104
post #91

Earlier quoted context omitted.

Good news: you're almost certainly wrong :) Obamacare in MN is through https://www.mnsure.org/ . Your father being fired or laid off qualifies as a special enrollment event. If your mother is seriously ill, look at gold plans and simply look at the maximum out of pocket. Find a plan with a maximum out of pocket of $2k or even $1k pp. They'll spend it all, and after that, your out of pocket expenses will be limited to…

At $1,000/month that's over 10% of his pre-tax income at his current job. That's a lot of money if you aren't working and your income goes to zero.

If you have someone in the family with serious medical issues, though, it's free money. A trip to the ER and a few days in the hospital runs tens of thousands.

Re: HP to cut 25-30k jobs

#106
post #18

Heh, it used to be a joke that HP was basically an ink company. Seems to become more true every day.

It's really sad. When I graduated from college HP was where you really wanted to work. They had all kinds of cool high tech test equipment and parts. And they had a policy of never laying off people - during industry downturns they'd hang on to everybody and tough it out until the economy recovered.

For whatever reason they spun off the high tech bits (as Agilent) and became a PC/printer company. I'll never understand that decision.

Re: HP to cut 25-30k jobs

#107
They were dead that very day when they brought that consulting scam company (I forgot its name) because it was clear signal of internal corruption and disconnection from so-called reality. Now it all unwinds.

Re: HP to cut 25-30k jobs

#108

The sad part is that it's Carly Fiorina's fault for turning HP into the mess it was. And now she touts that as the reason why she should be president. It's a sick joke that she thinks gutting one of Silicon Valley's preeminent companies makes her worthy of being president. HP was the first company to pioneer Silicon Valley culture, ie. The HP Way. It was only after Fiorina's tenure that HP turned into a shadow of its…

What precisely did Carly Fiorina do weong, and what precisely should she have done instead?

I think she kind of kill the HP Way read http://www.paloaltoonline.com/weekly/morgue/2002/2002_04_10....

Re: HP to cut 25-30k jobs

#109
post #23

Earlier quoted context omitted.

Your dad needs to think about the next best 5 guys, and how to pick them up for cheap when the layoffs happen. At his age striking out on his own will seem absolutely terrifying. Work on him for a few months. He must have built up some serious contacts over the years. His pitch is straightforward. HP can't actually support their products anymore, they don't have the staff. He knows the hardware inside and out. Sell s…

It bothers me when people suggest unrealistic possibilities to people being layed off like starting their own businesses. There's 10% unemployment. Is that really a legit solution? Capitalism is built on the idea of everyone 'working' and 'having a job' and theres lots of people like his dad who really want work, and are loyal and hardworking. But there's not enough jobs to go around and the amount keeps decreasing d…

Not enough jobs to go around? I disagree.

There are ~5.8 million job openings as of the end of July. The highest level maybe in 15 years [1]. The unemployed worker per job opening ratio is also at the lowest in 15 years [2]. The U6 unemployment rate for people that have some college is 5.x%; the unemployment rate for people with a four year degree is 2.x%. There have been eight million full-time jobs added in just four years.

The challenge, as always, is finding the job you want, at the salary you'll accept, matching skills you possess. I'd argue there are plenty of job openings in technology and sales.

[1] http://i.imgur.com/imAwheB.png

[2] http://i.imgur.com/2jQ4uaR.png

Re: HP to cut 25-30k jobs

#110
post #23

Earlier quoted context omitted.

Your dad needs to think about the next best 5 guys, and how to pick them up for cheap when the layoffs happen. At his age striking out on his own will seem absolutely terrifying. Work on him for a few months. He must have built up some serious contacts over the years. His pitch is straightforward. HP can't actually support their products anymore, they don't have the staff. He knows the hardware inside and out. Sell s…

It bothers me when people suggest unrealistic possibilities to people being layed off like starting their own businesses. There's 10% unemployment. Is that really a legit solution? Capitalism is built on the idea of everyone 'working' and 'having a job' and theres lots of people like his dad who really want work, and are loyal and hardworking. But there's not enough jobs to go around and the amount keeps decreasing d…

It's obviously not a legit solution for all 10% of people out there but this is kind of an exceptional case - The guy is literally the best person in the world to fill the gap in the market which is about to be created by the lay-offs, so why is starting his own business unrealistic? Especially given that he's really just trying to do the exact same work without HP as a middle-man
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