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HP workers get a shaft for Christmas

Memowatch No raises for workers, management not mentioned
Wed Dec 03 2008, 09:39

IT SEEMS LIKE the good old days are coming back at HP, and once again, the employees are bearing the brunt of it. I wonder what is next, planes and a smoking ban?

Seeing as it is Christmas (Or non-denominational winter holiday season that neither affirms or denies any particular belief system, deity or event... in HP HR speak), what would the season be without the time-honoured screwing of the workers? HP, after doing much better than expected, is rewarding employees with removal of benefits and perks, a freeze on raises, and a general ban on happiness.

Read it for yourself, the only changes made were for readability, HP management can't seem to get a point across without a few MB of HTML choking an email, so we removed it, especially the border that Ann seemed to need around her name and title. Even Carly didn't do that...

[Begin Memo]

From: Technology Solutions Group, Ann LivermoreSent: 28 November 2008 19:30

Subject: Operational Efficiencies

Ann Livermore

EVP Technology Solutions Group

To: TSG Team

From: Ann Livermore, EVP Technology Solutions Group

Date: November 28, 2008

Subject: Operational Efficiencies

HP Confidential – Internal use only

In 2008, HP delivered a strong performance relative to the competition and the market conditions, and I thank all of you for your contributions to this effort. We proved our ability to execute in a challenging environment.

FY09 is shaping up to be an equally challenging year, providing us an opportunity to further differentiate HP in the marketplace with our customers and investors — but it won't be easy. To ensure that we can continue executing our strategy, competing for business and serving our customers, I am announcing a series of actions to reduce discretionary spending.

Effective immediately and until further notice, we will:

-Manage our Total Rewards costs

-For this year's Focal Point Review cycle, there will be no salary increases, except where legally required

-eAwards are suspended

-No overtime work will be required of non-exempt employees

-Comprehensive benefit reviews are continuing on a country-by-country basis to harmonize HP and -EDS offerings based on market practice

-Limit hiring to revenue-generating positions only

-Reduce agency contractor spend

-Limit company travel to customer activities only

-Internal meetings need to be conducted virtually

-Recognition and learning & development programs are also affected

These are difficult actions, but necessary in the current environment. With all of us pulling together, we have an opportunity to increase market share and emerge from this downturn in a meaningfully stronger competitive position.

Great companies rise to the top in difficult times. I am confident that HP has the people, the spirit and the commitment to be the best.

Thank you for your contributions and your continued support.

Thank you,


[End Memo]

No... thank you Ann. Your warmth is felt by all this holiday season.

Note: No reporters had their rights violated in the making of this memo. Yet. µ


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