HP still stuck in the doldrums

Hewlett Packard's boss Meg Whitman is under no illusions about the challenges ahead. Two years into her five-year turnaround plan, HP's sales and profits are still sliding and Wall Street is losing patience.

When Hewlett-Packard Co was removed from the Dow Jones Industrial Average a month ago, chief executive officer Meg Whitman sent an impassioned email to the company's 300,000-plus employees.

"I hope that every HP employee took today's announcement personally," she said in the one-page internal memo on September 10.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles