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March 2002, Week 1

HP3000-L@RAVEN.UTC.EDU

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From:
Dennis Heidner <[log in to unmask]>
Reply To:
Dennis Heidner <[log in to unmask]>
Date:
Fri, 1 Mar 2002 10:02:14 -0600
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Tom Emerson <[log in to unmask]> wrote in article
<[log in to unmask]>...
>
> And the number of layoffs to occur if the merger suceeds is? (I know it's
> not zero...)  [of course, the truly flippant answer is "34,992 -- the
35,000
> count is reached by including Carly and other board members..."]
>

Or perhaps, the 35,000 is really a "salary adjusted headcount".
(Carly*$$/year + board*$$/year, + other top officials)/lowest paid
HPemployee = 35000?   So loosing those top  eight would be almost like
loosing 35,000? :-)

What is missing in the discussion is that even with a merger going through,
 HP would still probably layoff 15,000 to 20,000 as part of their
consolidation effort.  (remember all those proposed gains in
efficiencies...)

Dennis Heidner

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