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HP posts Q2 profit decline, announces 27,000 layoffs

HP posts Q2 profit decline, announces 27,000 layoffs

A decline in Hewlett-Packard's Imaging and Printing Group (IPG) revenue was part of a sobering Q2 for the printer, PC, software and enterprise company: it reported a 3% decline in revenue compared to the same period in 2011 to $30.7bn. HP's adjusted ...

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US Headlines

HP confirms it will cut 27,000 jobs by 2014

HP confirms it will cut 27,000 jobs by 2014

23 May 2012

HP has confirmed that it will shed 27,000 jobs worldwide by the end of its 2014 financial year in a bid to save $3.5bn (£2.2bn).

 
 
HP could cut up to 30,000 jobs

HP could cut up to 30,000 jobs

18 May 2012

HP is considering slashing more than 25,000 jobs, or 8% of its workforce, due to falling demand for desktop computers and services, according to reports.

 
 

RPM regrows business with short-run packaging

17 May 2012

Traditional commercial printer RPM Solutions has found a new niche to rebuild its business: short-run, small carton packaging.

 
 
FedEx survey points to power of signage for small business

FedEx survey points to power of signage for small business

17 May 2012

Following a recent large investment in large-format equipment, FedEx Office has commissioned and released a new survey finding the true power of signage in driving small business.

 
 

Presstek posts profit and points to drupa enthusiasm

17 May 2012

Digital offset printing equipment supplier Presstek managed to squeeze out $500,000 Q1 EBITDA, as cost cutting helped offset a 13.9% sales decline compared with the same period last year to $27 million.

 
 

Graphics of the Americas

PrintWeek's correspondents in the US worked hard to bring you all the latest news from this year's exhibition,  held in Miami earlier this year














Romano on print

1995 changed the world of commercial print forever. Frank Romano explains.



US forum

In Depth

Photobooks illustrate a digital divide

Photobooks illustrate a digital divide

25 May 2012

When photobooks first started gaining traction with the public, opening up a wonderland of consumer opportunities for printers, the novelty of uploading digital pictures and having them printed in a nicely bound book was enough to get people through ...

 
 
Business inspection: Henningham Family Press/Dalston Bloc

Business inspection: Henningham Family Press/Dalston Bloc

18 May 2012

By downsizing from its central London studio, this firm slashed overheads and redefined itself

 
 
Rising to digital opportunities: a Red Sofa interview with Bobst's Jean-Pascal Bobst

Rising to digital opportunities: a Red Sofa interview with Bobst's Jean-Pascal Bobst

16 May 2012

Jean-Pascal Bobst, chief executive of Bobst Group, talks to Darryl Danielli

 
 
Does green-button machinery portend the death of skill?

Does green-button machinery portend the death of skill?

11 May 2012

Harry Gilmore webs up the film on his Micro B2 single and double-sided film laminator, loads in his sheets of paper and sets the temperature gauge to 120ºC.

 
 

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