HP Plans to Trim Back Printer Business
June 19, 2008 | by Geoff Duncan
Hewlett-Packard is planning to reorganize its printer business, dropping from five units to three in an effort to be more efficient.
The Wall Street Journal has reported (and other sources confirm) tech giant Hewlett-Packard is planning to reorganize its printer business, downsizing from five units to three in an effort to achieve more operational efficiency. The changes will consolidate the company's laser printer and commercial printer units, merge the inkjet printer unit with consumer supplies, and install a new head for its graphics unit.
HP told employees the changes will not involve any large-scale layoffs, but the company has already cut hundreds of printing-related positions in its Idaho, Washington, and Oregon facilities.
HP's printer business has been a reliable source of profits for the company, but the threat of a "paperless office" may finally be catching up with the technology, as email, the Internet, and online collaboration systems slowly eat into the amount of printing performed by businesses and individuals.
Post Your Comment...Comments
Comment on this article
Please keep your comments relevant to this article. Email addresses are not displayed, they are only required to verify you are human.
When you submit your comment, an email will be sent to your email address with a confirmation link. Once you have clicked on that confirmation link your comment will be posted.
HTML is not allowed.
RSS Feed
James on Jun 19th, 2008 at 10:15 AM:
HP has painted themselves into a corner. The model of cheap hardware and expensive ink is just not working. People are willing to spend more for a nice printer, but they expect reliability, and affordable ink.
I guess printer/scanner technology just isn't progressing, I mean just how high of a resolution do people need right?