Le French

HP to Restructure Lucrative Printing Business

HP has a portfolio of businesses including portable computers and must maximize profitability in other business units such as printing which might not be the core of the company bottom line in the future. That's why they cut costs on R&D to find additionnal growth on existing research project before growth start going downhill.

Restructuring better be effective, but I trust management on that one. However, I wouldn't own HP right now, decrease in consumer spending is going to hurt...maybe that's why they do the hardwork inside the firm right now.