The combined spinoff and merger, which will focus HP Enterprise more tightly on hardware sales, represents a doubling down by Chief Executive Meg Whitman on a breakup approach to the shifting landscape in contrast to the merger strategy taken by Dell Inc. and EMC Corp...
http://www.wsj.com/articles/hp-enterprise-to-spin-off-merge-services-business-1464121433
The Rich get Richer and the Poor get Poorer...
Meg Whitman: HP will offshore 60% of the jobs in its 'essential' business unit
"Three or four years ago, I never would have thought we'd need to get to a 60% offshore mix," Whitman explained.
http://finance.yahoo.com/news/meg-whitman-hp-offshore-60-224554906.html
Yet, she denied the rumors running rampant inside the company: that HP is hoping to sell the unit. She repeatedly called ES "essential" to the new HP Enterprise company she'll be running after November 1. She wants consulting to help HPE sell its software, cloud and hardware products.
"The new company is expected to generate $26 billion in revenue, and realize roughly $1 billion in cost synergies, within the first year. Many of those cost savings, however, will likely come from job cuts, said Trip Chowdhry, an analyst with Global Equities Research."
“Two bad assets does not make one good asset,” said Chowdhry.
"I have run large organizations. I know how to create jobs. I know how to focus. I know how to balance a budget. And, I think, a business perspective is a bit of what California needs right now." Meg Whitman
Meg "Hatchet" Whitman has cut over 30,000 American Jobs to help increase "HER" profit earnings. The prospect is to cut another 20,000 jobs by end of year to improve her increases...
HP is going to be getting into more of a services model or in simpler terms a Phone Center...
How does this story go...oh yeah, have the shareholders buy as much stock as they can even if the price goes down, just keep telling them it will be a great buy you'll see, while the Top Execs sell of their shares and design an exit strategy for Meg Whitman to prepare her for her run at Governor of California...
7 years ago we saw that California would be in a lot of peril and that is obvious today and mother nature was a big factor that we saw in the demise of one of the most beautiful states in America.
There is another factor that destroyed California and only the "Native" residents and California advocates can tell you what the other factor was that has destroyed California and is very sad...
However, that's the type of economy that people like Meg Whitman look for to make money and that is exactly what she is coming to do...and that's a fact!
HP is going to be getting into more of a services model or in simpler terms a Phone Center...
How does this story go...oh yeah, have the shareholders buy as much stock as they can even if the price goes down, just keep telling them it will be a great buy you'll see, while the Top Execs sell of their shares and design an exit strategy for Meg Whitman to prepare her for her run at Governor of California...
7 years ago we saw that California would be in a lot of peril and that is obvious today and mother nature was a big factor that we saw in the demise of one of the most beautiful states in America.
There is another factor that destroyed California and only the "Native" residents and California advocates can tell you what the other factor was that has destroyed California and is very sad...
However, that's the type of economy that people like Meg Whitman look for to make money and that is exactly what she is coming to do...and that's a fact!
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