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HP to cut 25-30k jobs

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Re: HP to cut 25-30k jobs

#271

Post by knz »

marincounty wrote: post #254
joshmn wrote: 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…

I feel for your father, and mother. I hope they weather the storm. I was going to mention, that if they are proactive; they might be able to keep their health care expenditures reasonable if they apply to Minnesota's department of health and human services. They will need to spend down assets, but they can usually keep their house, and car. (I know in California, the quality of medical care has gotten much better wit…

Mark Dayton (D) has been the Governor of Minnesota since 2010.

Re: HP to cut 25-30k jobs

#272

Post by mapt »

mapt wrote: post #111
melling wrote: post #103

Earlier quoted context omitted.

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.

Yes, but if that happens, thanks to the other half of Obamacare (the Medicaid expansion), if income goes to zero / povertylevel for any adult (no longer merely special classes of disabled or child-raising adult), then healthcare becomes free. People with big enough health problems that the heavily subsidized Silver market category is insufficient, but who have only a middle class income, do get stung in this system;…

Note also that this is reliant on not being in a state where a Republican governor has decided to turn down federal money for Medicaid expansion because Obama is a Communist Muslim Death Panelist.

MN, thankfully, has chosen to implement Medicaid expansion.

Re: HP to cut 25-30k jobs

#273

Post by ritchiea »

joshmn wrote: 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…

If he brought in $4MM in revenue and he's only making $98k he's incredibly underpaid.

Re: HP to cut 25-30k jobs

#274

Post by bosdev »

bcbrown wrote: post #264
debacle wrote: post #218

Earlier quoted context omitted.

> What do you all think a company like HP should do when they (finally) realize that they're overstaffed by a big number like 20%, 30% or 50%? Fire the person(s) responsible for letting things get that bad.

That's a punishment, not a solution. Then what?

Barring any extreme creativity, they should fire those people. It doesn't excuse the incompetence which led to that position though. Working at HP is not a seasonal job.

Re: HP to cut 25-30k jobs

#275

Post by drabiega »

dovereconomics wrote: post #237
stefantalpalaru wrote: post #234

Earlier quoted context omitted.

> Crony capitalism still is not capitalism. This reminds me of some people who pointed out that communism was never implemented and all the totalitarian regimes were still in the socialism phase. A phase which was obviously never going to be replaced with the communist utopia. This is just a delay tactic. We all know what we talk about when we say "communism" and it's the same for "capitalism" - we mean the real-worl…

Not really. Anyone with a background on classical economics realizes the U.S is much closer to socialism than capitalism. The existence of 'prices' and greed doesn't imply it's capitalism.

I have such a background and I can't think of any metric in which the US is closer to socialism than capitalism.

Re: HP to cut 25-30k jobs

#276

Post by razzmataz »

VLM wrote: post #173
elorant wrote: post #80

Earlier quoted context omitted.

Posts like this remind me how shitty the business model of most Fortune 500 companies is. They lay off people just to increase profits regardless of productivity goals. For most management councils out there everything is about numbers. Perhaps we ought to do something as a community to stop such practices. Like boycott the shit out of companies that adopt them.

Its important to note this is a dying company with no hope at all for the future. The more employees they shed, the faster they shed them, the longer they can minimally keep on operating, or rephrased they're hoping the total sum revenue will be higher if they stretch out the death of the company as long as possible. And the reason why that's important is it doesn't matter how good of an employee he is, there's no wa…

Maybe Alcatel can swoop in and buy them up.

Re: HP to cut 25-30k jobs

#277

Post by s73v3r »

dovereconomics wrote: post #142
emp_zealoth wrote: post #63

Earlier quoted context omitted.

Wow. Rant incoming. Im just aghast how shitty your country is. I can understand living in fear of mortgages and the like, jak with at will nonsense and the like ( gags ) But your employer having a gun to your beloved's head - that what it basically is - is just rotten. I genuinely wish that any libertarians here (in Poland) move to USA or, Friedmans beloved, Chile. I hope they get to experience shit like that. I gues…

But... ,in a libertarian country, HP wouldn't exist in the first place. Crony capitalism still is not capitalism.

Why wouldn't they? Crony capitalism is still capitalism. It's a company using it's capital to gain an advantage.

Re: HP to cut 25-30k jobs

#278

Post by dragonwriter »

dovereconomics wrote: post #266
dragonwriter wrote: post #242

Earlier quoted context omitted.

> Cronyism, referring to a system where incompetent agents are given special favors, doesn't survive in the free market The "free market" in which that is a defensible claim is a counterfactual construct that is sometimes useful as a simplified analytic model, but fundamentally incompatible with the behavior of real human beings and conditions in the real world. > merciless competition destroys any underperfoming org…

>government structures the economic regime to favor the interest That's it. If there's central planning(no matter to whom) it's socialism. And, regarding 'lock-in advantages', without a government-backed credit expansion, it'd be really difficult for companies to get as much market cap.

> If there's central planning(no matter to whom) it's socialism.

No, the dominant system of the developed world in the 19th Century that socialists reacted against and coined the word "capitalism" to describe isn't socialism.

Re: HP to cut 25-30k jobs

#279

Post by s73v3r »

spacehome wrote: post #17
joshmn wrote: 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…

> They cannot afford to lose healthcare coverage. And with Obamacare, they don't have to. They should be able to purchase decent coverage on the exchange, right? That's what we did when I quit my job.

With what money?

Re: HP to cut 25-30k jobs

#280

Post by dragonwriter »

dovereconomics wrote: post #237
stefantalpalaru wrote: post #234

Earlier quoted context omitted.

> Crony capitalism still is not capitalism. This reminds me of some people who pointed out that communism was never implemented and all the totalitarian regimes were still in the socialism phase. A phase which was obviously never going to be replaced with the communist utopia. This is just a delay tactic. We all know what we talk about when we say "communism" and it's the same for "capitalism" - we mean the real-worl…

Not really. Anyone with a background on classical economics realizes the U.S is much closer to socialism than capitalism. The existence of 'prices' and greed doesn't imply it's capitalism.

> Anyone with a background on classical economics realizes the U.S is much closer to socialism than capitalism.

Anyone should recognize that the dominant system of the modern developed world is a hybrid retaining largely the capitalist structures and property regime, but adopting many strategies with origins in socialism (including advocated in the communism of Marx and Engels) for mitigating some of the effects for which 19th Century socialists criticized the dominant system of the developed world at that time, for which they coined the term "capitalism".

Its probably not particularly productive to argue about whether this synthesis is "closer" to socialism or capitalism.

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