Friday, March 29, 2024

HP’s Not-So-New Plan to Unite PC, Printer Units

Datamation content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.

The Wall Street Journal: Unnamed sources say that HP CEO Meg Whitman plans to merge the company’s PC and printer divisions into a single unit. Recently, both divisions have experienced declining revenues, and the move could reduce costs by sharing some resources between both groups. Together, the printer and PC divisions at HP earn about $65 billion a year. The combined business unit would likely report to Todd Bradley, who currently leads the PC group.

Some analysts have criticized the idea of merging the two groups. “HP has some massive structural fixes that they need to make, and this doesn’t come close,” said Evercore Partners analyst Rob Cihra,. “I don’t see how this changes anything apart from probably giving you an excuse to cut some heads and cut some costs.”

Subscribe to Data Insider

Learn the latest news and best practices about data science, big data analytics, artificial intelligence, data security, and more.

Similar articles

Get the Free Newsletter!

Subscribe to Data Insider for top news, trends & analysis

Latest Articles