HP employees have "withdrawn" legal action against the company and agreed to return to the negotiating table to hear CEO Meg Whitman's plan to cut 29,000 jobs. The collective of HP workers, who are supported by numerous unions, sued the vendor and claimed it had not properly consulted staff and made the redundancy process …
...that 29,000 workers will lose their job because HP's management was incompetent. They should make the past (5) HP CEOs refund 80% of their compensation and it should be split amongst the 29,000 employees who will be terminated. It's complete unacceptable to not hold management responsible for the demise of HP and the termination of 29,000 employees.
Re: It's unfortunate...
It is also unacceptable to blame ONLY the CEOs. People who worked at HP and did nothing to escalate problems they saw in the companies decisions or processes are just as culpable as the CEO and managers.
If you sit collecting a pay cheque while the company goes down the toilet and you *DID NOTHING* to try and change things, no matter what level of the company you are in (with the exception perhaps of the janitors and cleaners), I think you share some responsibility for the outcome.
Re: It's unfortunate... (AC/Because Its required).
Oh FFS, you seriously think the voice of the proletariat were ever listened to in the 'Voice Of The Workforce'? No, you are wrong...
This is nothing but scapegoating at the expense of those promoted to their 'Ultimate Level Of Incompetence'.
The proles' just bare the brunt of their mismanagement.
Re: It's unfortunate...
People did try. Repeatedly. You're delusional if you think these muppets actually listen to the people on the ground.
Re: It's unfortunate... (@AC 16:41)
Anyone who did try to do anything or speak up to change things would be virtually guaranteed to be in the first tranche of the 29,000 people being made redundant - if not offered a "compromise agreement"* long before that.
*Compromise agreement - the way companies get rid of people when they don't have a proper excuse to fire them.
After being on the wrong end of some companies that have gone bust, I've lost any enthusiasm to hang around.
Kinda like saying your way of protesting is refusing to get off the ship - hoping the huge hole that's letting water in is going to magically get fixed. It isn't. The captain(s) haven't assigned anyone to the job, and till then, they're the only ones who are allowed to even talk about it.
Sorry, but move on dudes. Floating aimlessly in water may prove your point, but it doesn't pay the mortgage.
...now perhaps we can get on to the part of the process where HP offer me redundancy :-)
Meggy Whitman does it again...
"HP workers halt legal fight against bosses over 29,000 job cuts
Disagreements settled, negotiations resumed
HP employees have "withdrawn" legal action against the company and agreed to return to the negotiating table to hear CEO Meg Whitman's plan to cut 29,000 jobs."
Whitman trashed the lives and sales and accounts of millions of buyers and sellers on Ebay.
"The collective of HP workers, who are supported by numerous unions, sued the vendor and claimed it had not properly consulted staff and made the redundancy process difficult to understand."
Just like Ebays constantly and ever changing terms and conditions - up to 5 times a day some days.
Meggy and her clique of Ebay managers got hauled over the coals by the federal trade commission for deliberately making them as difficult to understand as well.....
The only thing they are doing is stealing the money. Always a crisis, bigger bonuses, money exchanged hands, rotten deals made. Remember Palm? Jon Rubinstein destroyed the company and sunk it so low, HP could buy it for a song. but being big corporations with big money, there was a lot of money being thrown around for a company that was down. Then Ole Jon gets hired by HP. When they find out what a piece of work he is, they fire him. There is something truly wrong with this company. The board and C's look only after themselves instead of the investors, and workers. So in reality, to hell with HP!
- Worstall on Wednesday It's Big, it's Blue... it's simply FABLESS! IBM's chip-free future
- Routine WHAT NOW? Bank of England’s CHAPS payment system goes TITSUP
- Consumers start feeling the love as Chromebook sales surge
- Comment Reg man has the cure for IBM storage: Just swallow 10 firms
- Warning to those who covet the data of Internet of Precious Things