Hewlett-Packard announced Wednesday that they will cut about 27,000 jobs by the end of 2014 in order to save up to $3.5 billion, so that's obviously not great news for the economy.
Meg Whitman has yet to prove herself, as Hewlett-Packard's Q1 earnings missed expectations, reporting first quarter net revenue of $30.0 billion, down 7% from the prior-year period.
As HP debates the fate of its dying webOS, the mobile operating system HP used in its failed tablet TouchPad, it has the perfect man defending the unpopular system: A tech savvy guy who has practiced self-deprecating humor for years.
Before she took office as HP CEO, as a board member Meg Whitman supported spinning off the company's PC division, yesterday, she pushed HP in the exact opposite direction.
IBM just added a woman to the tiny roster of leading ladies in the business tech world, appointing Virginia Rometty as CEO.
The new H-P CEO agreed to host a fundraiser if he stayed out of the 2012 race
Replacing Leo Apotheker as CEO, the former eBay chief has to turn the company around quickly
All Thing's Digital reports the former eBay wants to "run the company"
Silicon Valley is not impressed by Hewlett-Packard's board of directors
HP's board is meeting about replacing CEO Leo Apotheker, who oversaw TouchPad's massive failure
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