More Job Cuts at the Mighty HP -27,000 to be Axed

                                                  
                                                   HP employees protest job cuts

There are planned job cuts at HP to the tune of 27,000!! It comes a bad time for Americans, adding to more hopelessness and poverty.




 





HPs financial objectives will be met, however, it being done at great social cost. The job generation objective has been disregarded. We as the new entrepreneurs will have job a planned objective; it is for nation building.

HP and Axe are not wonderful nice sounding words here.  It is a bloodbath, loss of dignity and even family.  Jobs will be sacrificed for profit and for wall street.

Entrepreneuralism is the hope of the unemployed even at HP!  Low tech vs high tech.



 

HP Says Layoffs to Total 27,000; Profit Tops Forecast

                                    


                   

Bank of America is Slashing 30,000 Jobs

Our generation needs an ENTREPRENEURIAL REVOLUTION.

The job cuts will take place in the next several years but mainly from attrition.  B of A is taking this action to save as much as $5 billion in salary expenses; B of A stock prices fell by 50% this year.

Questions:

l.  What would happen to those who will lose jobs?  Will their severance pay replace their jobs?

2.  Will they get new jobs?

3.  What will be their options in life?

4.  What will you recommend to B of A; to  US President Obama for this additional job loss?