Step 1: Cut older (I.e. less healthy) workers in the name of shareholder interests—even though you're doing awesome! Step 2: Back fill with younger workers and temps to conceal the giant hole you just made. Step 3: Profit:
Hewlett-Packard announced Thursday that it plans to cut up to 16,000 more jobs by October. HP CEO Meg Whitman said that the additional job cuts are part of an effort to further reduce costs for the 75-year-old company.
“With each passing quarter, HP is improving its systems, structures and core go-to-market capabilities,” Whitman said in prepared remarks, according to CNET. “We’re gradually shaping HP into a more nimble, lower-cost, more customer- and partner-centric company that can successfully compete across a rapidly changing IT landscape.”
Nothing like a billionaire CEO who makes zillions a year implying thousands of her own morganized
employees making comparative peanuts are not "nimble" or "competitive" enough. If you're a senior engineer, a scientist, or even a tenured tech, beware. The next few months may be the last chance of this waning, horrible recession where your talentless head bean counter, who can't take the derivative of ex
, has a golden excuse to light your life on fire, so they can add a few more pennies to their billions.
- If you want to get the pulse of an environment, listen to the bees.
- The anti-vaxxars have learned to play with numbers, they're just not real honest about it.
- Not sure what the point of this global selfie is, but The Google moves in mysterious ways.
- Also not sure why the "freezing jeans" doesn't clean them piece at Vox attracted so much snark. I'm going to guess it's because Ezra Klein is behind Vox, and Ezra is pretty progressive and quite successful, and even a little bit dreamy.
- SpaceX will reveal its manned capsule next week. Meanwhile, certain bloated defense contractors don't like upstart companies invading their lucrative taxpayer-funded gravy train and kick ass DoD-industrial jobs. Like this clown landed:
From March 2011 to January of this year, Roger "Scott" Correll was the official at the Pentagon responsible for procuring launch services from private companies. One of his last official acts before his "retirement" in January was to oversee a deal with a company called United Launch Alliance (ULA) for a whopping 36 future launches. ULA is a joint venture of Boeing and Lockheed. This month, Correll popped up with a new job with Aerojet Rocketdyne, which just happens to supply rocket engines to ULA.