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May 24th, 2012 
FAKE NEWS for the Zionist agenda SAN FRANCISCO (AP) — Hewlett-Packard Co. expects to reduce its annual expenses by as much as $3.5 billion after cutting 27,000 jobs, or about 8 percent of its work force, within the next two-and-half years.
CEO Meg Whitman is planning to plow most of the savings into beefing up its research and development in hopes of coming up with more compelling products and services. That investment will focus on three areas in particular: software services delivered online, a concept known as “cloud computing”; data storage and analysis; and computer security.
Whitman elaborated Wednesday during a conference with investors to discuss HP’s fiscal second-quarter earnings report.
QUESTION: If we assume roughly $1 billion of the $3 billion to $3.5 billion of savings goes to the bottom line when this (cut) is completed in fiscal 2014, and the majority of (the RD is) going to be going into the new focus areas…. I would assume that we’re not looking at any sizable (mergers and acquisitions) in these three areas as well?
WHITMAN: I think that’s a fair characterization: We’re looking toward organic innovation, organic investments…. There may be some tuck-ins, as I said before, to augment our software business or maybe just some of our other businesses…. Hewlett-Packard is a fantastic engineering culture; products engineering, service engineering, and the best payback I can see here is to put money into RD for our engineers to create great services and products and software….
We’re also going to be looking at design and quality because that’s another area I think that was a hallmark of HP. We need to have the very best quality in the industry across all of our products and I think we have good quality, but I think we can do better there. We are going to make investments in our people in terms of career training, I’m sorry, career development…. We’ve got some investment in internal systems that are going to allow us to be a lot faster and nimbler in the marketplace.
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