HP is trying to save its printer business because in the short term that will be better for senior management's options than changing the the company's course. Wall Street will bump the price and HP management will claim success and see their bonuses rise. That's much more attractive than changing course.
If the printer business was flush, HP could afford to bet on a diversity of services and products. They would be in the business of making money rather than saving it. 25k redundant staff doesn't speak to a track record of sound management decision making of the sort that would inspire confidence in this decision being a great one. Layoffs aren't innovation.
If the printer business was flush, HP could afford to bet on a diversity of services and products. They would be in the business of making money rather than saving it. 25k redundant staff doesn't speak to a track record of sound management decision making of the sort that would inspire confidence in this decision being a great one. Layoffs aren't innovation.