Hewlett-Packard's layoff just got a little bigger. The company, in a U.S. Security and Exchange filing, said it will eliminate 29,000 positions, an increase of 2,000. In May, HP announced plans to cut 27,000 employees by 2014, or about ...
Tags: USA, HP, Layoff, computer industry
HP is set to fire 2,000 more staff than it had originally planned over the next two years to "simplify" and "restructure" its operations. The company announced 27,000 job cuts in May when it published its second quarter (Q2) results, ...
Tags: HP, job cuts, multi-year restructuring plan, early retirement programme
Starting from October 1, China will officially ban 100W incandescent light bulb sales on the market. With less than one month out, industry experts show reasonable concerns about the market prospects incandescent light ban can bring to LED ...
Tags: LED light
KALAMA,Wash.—It was hotter inside the Bennu Glass factory than outside last week,but the workers here aren't complaining. The Port of Kalama facility made its first production-quality wine bottles last Wednesday,ushering in a new ...
Tags: Bennu Glass, Kalama, wine bottle, glass
Sealed Air Corporation announced that chief executive officer William V.Hickey has advised its Board of his intention to retire in March 2013.In connection with the transition,the board of directors has elected him chair of the board ...
Tags: SAC, succession, Dow
The Hain Celestial Group,Inc.(NASDAQ:HAIN),a leading natural and organic products company providing consumers with A Healthy Way of LifeTM,today announced the planned retirement of Ira J.Lamel,Executive Vice President and Chief Financial ...
Tags: Hain Celestial, CFO, Ira Lamel, natural and organic products
La-Z-Boy Incorporated reported its operating results for the fiscal 2013 first quarter ended July 28, 2012. Fiscal 2013 first-quarter highlights : Sales for the first quarter increased 7.6% compared with the fiscal 2012 first ...
Tags: La-Z-Boy
Sony will close its once-proud optical PC drive subsidiary by early next year,as part of its efforts to refocus on the connected world of smartphones,tablets and netbooks,a spokesman said Tuesday. Subsidiary Sony Optiarc,which ...
Tags: Sony Optiarc, Blu-ray and DVD drives maker, smartphones, tablets, netbooks
Troubled Japanese LCD and TV panel maker Sharp said Tuesday it will cut 2,000 jobs domestically,or about 6%of its local workforce,as part of ongoing restructuring efforts. The company said the reduction in staff would come through a ...
Tags: Japan, LCD and TV panel maker, Sharp
After 107 years in business,Nowell's Contemporary Furniture announced that it will close its doors by the end of this year. Owner Jerry Nowell,who was diagnosed with Multiple Myaloma in 2010,announced the closing recently. ''I'm ...
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In a bid to improve its store performance and customer marketing, mobile retailer Carphone Warehouse has used business intelligence (BI) software by MicroStrategy as opposed to rival Information Builders because the dashboards created by ...
Tags: Carphone Warehouse, mobile retailer, Netezza data, MicroStrategy
IDG News Service - Hewlett-Packard on Wednesday announced a US$8.9 billion loss for its third quarter ended July 31 due to writedowns and weak hardware sales and also said full-year results would be at the low end of its previous guidance. ...
Tags: HP, weak sales, revenue, Personal Systems Group
Nationwide Mutual Insurance Company has appointed Larry Hilsheimer as director of its Retirement Plans, while Anne Arvia will lead Nationwide Direct, Affinity and Growth Solutions. Nationwide chief executive officer Steve Rasmussen said ...
Tags: Nationwide Mutual Insurance Company, Larry Hilsheimer, Retirement Plans
Emcore Corp of Albuquerque,NM,USA(which makes components,subsystems and systems for the fiber-optic and solar power markets)has completed both a business and a management realignment in a company-wide restructuring that changes its ...
HP warned investors of a colossal quarterly loss in its third fiscal quarter after writing down $8bn (£5.1bn) on its services arm, of which the majority lies with its $13.9bn (£8.8bn) purchase of IT equipment and services ...
Tags: HP, Meg Whitman, Nefkens, Mike Lynch