I have never said this before, but I might wish to rethink Robert Wayman's goals and aspirations, if ya catch ma drift. Especially since I think it was his idea to ANNOUNCE 15,600 layoffs but not actually reduce the staff by the actual overlap which must be TWAG upwards of 20K. By just announcing the layoffs, you now longer have to accrue the expense, but you don't necessarily have to lay someone off right away.
Although, maybe he is thinking there is one exception to that rule. You lay them off, announce, stop the ongoing wage deduction, (it gets credited to reorganization expense) but keep them working until each employee's termination benefits are used up.
That could have been what Mother Merrill spotted BUT SOMEONE SHOULD BE SO KIND AS TO REPRINT HERE THE now public 2 page report!!!!! So I can read it. Thank you very much.
And, BTW, Michael, YOUR company does not seem to be part of the Centrino launch--what is it THIS time? HELLOW? any body home? The centrino launch is a big RETAIL launch. You know where HPQ with all that indirect overhead is supposed to be?????
This is beginning to torque my jaws. |
