Wednesday March 21, 2012

HP Combining Printing, PC Divisions

Hewlett-Packard, in an effort to cut costs, has decided to combine its PC and printing divisions. I have a better way to save money, rethink your CEO strategy. In the last 7 years the company has lost billions in market cap and paid out billions to non-performing CEOs that have literally tanked the company and resigned in disgrace. Hell, that alone could put HP back in the black.

Hewlett-Packard Co. on Wednesday said it will combine its printer and PC divisions to save money, part of the technology company's effort to turn around its business. The move comes at a time when sales of printers and ink, once HP's lifeblood, are falling as people increasingly share documents and photos online.