Meg Whitman
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That's all part of a plan by HP to boost its research and development spending, improve product quality and bring new focus on cloud computing and software. Much of the focus will be, at least initially, on HP's layoffs. "Workforce reductions are never... Full Article at ComputerWorld
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Now, those chickens are coming home to roost as computer sales slip, and the battered HP workforce will take another huge hit. Welcome to Meg Whitman's HP. Now that the new CEO has six full months under her belt, we have a pretty good idea of where she... Full Article at InfoWorld
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FILE - In a Friday, March 9, 2012 file photo, Hewlett Packard CEO and President Meg Whitman speaks at a conference on the Stanford University campus in Palo Alto, Calif. HP is in the midst of a turnaround under a new chief, former eBay Inc. CEO Whitman. View Photo »
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I’m confident that as general counsel, John will only continue to elevate HP’s standards of excellence and integrity and the performance of an already outstanding legal team
– Meg Whitman SOURCE: CRN Technology News For Solution Providers -
The company also revealed a 3% slump in revenue and a 30% decline in quarterly profit. One of the casualties is Mike Lynch, who is leaving less than a year after selling Autonomy to HP in a hugely controversial $11bn deal. New CEO Meg Whitman blamed... Full Article at Computer Business Review
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Whitman, president and chief executive officer of Hewlett-Packard, said Wednesday that "workforce reductions are never easy. They adversely affect people's lives." LOS ANGELES — Hewlett-Packard Co. , battered by declining profits and tech rivals with... Full Article at Mail Tribune
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Currently Lynch is leading the Information Management division of HP, the company that acquired Autonomy last year. HP does not give a specific reason for Lynch´s departure other than the significant drop in licensing income on Autonomy software. Meg... Full Article at Legal IT Professionals
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FILE - In this March 9, 2012 file photo, Hewlett Packard CEO and President Meg Whitman speaks at a conference on the Stanford University campus in Palo Alto, Calif. Hewlett-Packard said Wednesday, May 23, 2012 that it's laying off 27,000 workers, 8... View Photo »
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All you have to do is look at the dot-com companies that actually survived the 2000 boom ... Three of the most successful were led by Jeff Bezos, Meg Whitman [and] Eric Schmidt — an amazing success story.
SOURCE: Daily Princetonian -
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HP also announced that its net income for the second quarter, which ended April 30, was $1.6 billion, a drop of 31 percent over the same quarter a year ago. It reported revenue of $30.7 billion, down 3 percent. Excluding one-time charges, the company's... Full Article at Macworld UK
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'They adversely impact people's lives, but in this case, they are absolutely critical to the long-term health of the company. 'Our goal is simple: a better outcome for the customers at reduced cost for HP.' Making changes: Chief executive Meg Whitman... Full Article at Daily Mail - UK
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The streamlining announced Wednesday represents HP's largest payroll purge in its 73-year history. The reductions will affect about eight per cent of HP's nearly 350,000 employees by the time the overhaul is completed in October 2014. The cuts come... Full Article at Winnipeg Free Press
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Wikipedia
Margaret Cushing "Meg" Whitman (born August 4, 1956) was President and Chief Executive Officer of eBay from March 1998 to March 2008, when she stepped down from her role. She was a director of the company from March 1998 until she resigned at the end of 2008. According to Forbes magazine, Whitman was worth an estimated $1.4 billion in 2007. She... Full Article At Wikipedia.org
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