Cloud Watch: HP to Cut 9,000
Let's not kid ourselves -- cloud news is dominated by one company today...
Computerworld points out that the $1.6 billion acquisition of Opsware in 2007 plays a role, too; Opsware was all about data center automation. HP also owns thin-client technology from Neoware, acquired at about the same time.
The 9,000 jobs will be trimmed during the course of three years, and 6,000 of those will be replaced by "sales and delivery" positions, according to HP's SEC filing.
About half of the $1 billion charge will be taken in HP's third quarter, which ends in July. The rest will be spread between now and 2013.
HP stock was up 32 cents (0.7%) at $46.33 in early afternoon trading.
Other recent missives from the cloud:
- Clearleap Lands Mediacom Deal
- AT&T: Mobility, Network Capacity & Fun
- iPhone: Could Multitasking Increase 3G Woes?
- Software Sands Are Shifting
- Nice Show: Management World 2010
- Disaster Recovery Turns Wireless & Cloudy
- TM Forum Names Cloud Chair
- Eircom Offers IaaS
- C&W Enables Vertex Cloud
- IBM Resells More Force10
- Aricent Unveils Broad Daylight
- Saudi Telecom Offers Data Center Services
- IBM to Buy Sterling Commerce
- Google: 100 Gbit/s? How 'Bout 8 TBs Per Second?
- Mgmt World: Vendor Caution Overshadows the Cloud
— Craig Matsumoto, West Coast Editor, Light Reading