n the quarter <http://www.businessinsider.com/hp-reports-second-quarter-earnings-2015-5> ended in April, it showed a revenue decline of 16% from last year, and this continues a trend that's been going on for at least the last two and a half years.
In HP's last earnings call in February, Whitman promised to increase profits from the unit, and she reiterated that promise on Thursday. By the end of this year, she says HP Enterprise Services, which includes consulting and IT outsourcing for big customers, will be solidly hitting 4 to 6% profit margins and "long term" 7% to 9%. <http://seekingalpha.com/article/2947456-hewlett-packards-hpq-ceo-meg-whitman-on-q1-2015-results-earnings-call-transcript> During a quarterly conference call with Wall Street analysts, Whitman indicated one way she plans to achieve this: Offshoring jobs from expensive wage regions to low-cost regions, and automating more jobs in the data center. She said the unit needs "to make a faster labor mix shift to low-cost resources" and explained this meant two things: - Using more automation technology, rather than hiring people do certain administrative jobs. - And "more aggressive labor pyramid shifts...in onshore/offshore locations." http://www.businessinsider.com/meg-whitman-hp-offshoring-enterprise-services-2015-5 It's simply fascinating that it's LIBERALS who have screeched the loudest for years about outsourcing jobs - because, as I've pointed out for years, it's THEIR policies of over-taxing and over-regulating US businesses that contribute to it the most. And now, with the evidence abounding that the globalist outsources are lining up behind Hillary Clinton (as Trump has vowed to end or severely restrict it), they're lining up behind Hillary's useless ever-widening ass also. What freaking morons. -- -- Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. --- You received this message because you are subscribed to the Google Groups "PoliticalForum" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
