from the wayback machine, when HP bought Compaq, Carly Fiorina said, “it was like two sides of a zipper coming together.”
an analyst replied, “more like the slow motion head on collision of two garbage trucks.”
Neither is true. The sum of the old HPQ is still doing over $135 B in revenue. The concept is great, you had personal computing devices, printer, enterprise servers, storage, network, and a service business, software business, all bundled in a single company.
One stop stop. But execution is a very challenging. They should have gone private for sometime.
On the lay-off’s the massive off-shore and digitalization means the employees are no longer getting retrained by the companies. Those who retrain gets retained. Others gets laid-off but find jobs elsewhere.
Good business and good stocks are two different things.