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news for data communication, network configuration, information systems and IT in general...
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Tuesday, July 19, 2005 |
HP restructure and job cuts. HP is expecting to announce a huge restructuring that could mean between 5,000 - 25,000 redundancies, reports the Wall Street Journal. HP's new Chief Executive Officer Mark Hurd, who was appointed in late March, plans to make significant cost cuts at the technology company which he said "has a cost structure that is off benchmark in many areas". The restructure is likely to be announced at the end of the fiscal third quarter on July 29. The layoffs could bring around $100 million in... [Digital Photography Review (dpreview.com)]
11:44:34 PM
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Computer-Recycling Business Booms. RetroBox, a fast-growing Ohio company, buys discarded computers that it recycles and rebuilds. The goal is to keep the machines out of landfills -- the U.S. government alone throws away 10,000 computers a week. [NPR Topics: Business]
11:40:32 PM
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© 2005 Michael J Much
Last Update: 7/21/2005; 2:49:26 PM

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