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Hewlett-Packard

NEW YORK, NY - MAY 17: An image of Donald Trump is seen above a message board that is announcing job cuts at Hewlett-Packard in Times Square on May 17, 2012 in New York City. Hewlett-Packard Co. announced plans to cut 25,000 to 30,000 employees as it deals with declining revenue and profits.

Newsday's coverage

  • HP to cut 27,000 jobs

    Co. is cutting 27,000 jobs in an effort to recover from management missteps that hobbled the Silicon Valley pioneer as its rivals raced ahead with more innovative products and services.The streamlining announced Wednesday represents HP's largest payroll purge   Read more »

  • Facebook stock falls flat in public debut

    closing price means Facebook is worth about $105 billion, more than Amazon.com , McDonalds and storied Silicon Valley icons Hewlett-Packard and Cisco.But as many people looked for a big first-day pop in Facebook's share price, the single-digit increase was   Read more »

  • Reports: HP will cut up to 30,000 jobs

    FRANCISCO -- Hewlett-Packard is poised to eliminate as many as 30,000 jobs to compensate for dwindling demand for personal computers as more people connect to the Internet on smartphones and tablets, according to reports published Thursday.The looming cuts   Read more »

  • Hewlett-Packard combining printing, PC divisions

    Co. says it will combine its printing 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 amid declining demand and growing   Read more »

  • Microsoft's future riding on Windows 8

    increasingly irrelevant."If Windows 8 is a hit, it could also help lift the fortunes of struggling PC makers, including Hewlett-Packard Co. and Dell Inc. Besides giving businesses and consumers a reason to consider new PC purchases, Windows 8 is expected to   Read more »

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About Hewlett-Packard

Compaq Merger. HP merged with Compaq in 2002. Compaq itself had bought Tandem Computers in 1997 (which had been started by ex-HP employees), and Digital Equipment Corporation in 1998. Following this strategy HP became a major player in desktops, laptops, and servers for many different markets. After the merger with Compaq, the new ticker symbol became "HPQ", a combination of the two previous symbols, "HWP" and "CPQ", to show the significance of the alliance. In 2006 HP outsourced its Enterprise support to countries with lower cost workers: the Spanish support (for Spain) moved to Slovakia, the German support moved to Bulgaria, English support moved to Costa Rica, etc.

from Wikipedia