According to a Morgan Stanley chart, H-P's (HPQ +0.2%) annual operating profit/employee stands...


According to a Morgan Stanley chart, H-P's (HPQ +0.2%) annual operating profit/employee stands at just $35K. That puts it behind most of its enterprise hardware peers, including top rivals IBM ($49K), DELL ($48K), and EMC ($67K), and goes a long way towards explaining the company's reported plans to cut 25K jobs.

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  • losaneglee
    , contributor
    Comments (53) | Send Message
     
    The layoffs will lower expenses, but concerned they'll lose the talent, and keep the "cover your butt" managers, as previous posts have suggested. I really hope it doesn't pan out this way. Remove dead wood only.
    17 May 2012, 04:23 PM Reply Like
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