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HP Employees Paint A Scary Picture Of One Of HP's Biggest Business Units

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Fri 3:33pm by: Julie Bort

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Since we first published our report about impending mass layoffs at HP, we've heard from a bunch of HP employees offering us more details.

They paint a scary picture, particularly about the beleaguered HP Enterprise Services group.

In 2008, HP spent $13.9 billion to buy EDS, folding in HP's smaller services arm and renaming it HP Enterprise Services (HP ES). This group handles outsourcing contracts for HP.

Last quarter, ES reported $8.6 billion in revenue. At the time, it was HP's second largest unit. (The PC unit was a little bigger.) HP has since reorganized.

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