H-P Plans Changes, But Without a Shift In StrategyBattling cheaper rivals, bloated costs and its own
laggard stock, Hewlett-Packard
Co. yesterday announced plans to make the big computer and printer manufacturer
more efficient. But it won't be through a major shift in strategy.
Instead, H-P will eliminate thousands of employees and
cut pension benefits at the Palo Alto, Calif., company. H-P also plans to
simplify the structure of its sales force.
Posted: Tue - July 19, 2005 at 09:57 PM WIR NewsStream by Piranha Daily News The Stream Previous Next |
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Total entries in this blog: 1561
Total entries in this category: 1561 Published On: Sep 13, 2005 07:22 PM |