Word: hewletts
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Dates: during 2000-2009
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...sales are not growing any more. As a matter of fact, they are shrinking and the drop is accelerating. Hewlett-Packard (HPQ), the largest manufacturer of PCs in the world said that its revenue from notebook PC sales dropped 13% in the last quarter and desktop revenue fell 25%. It is likely that results from Dell (DELL) will not be any better when it posts its quarter. Wall St analysts are starting to say that their surveys of retail outlets even show Apple Mac sales slowing...
...Real concern will come if the undertow moves to other parts of the economy which have been expected to hold up fairly well. Technology sector firms including Hewlett-Packard (HPQ), IBM (IBM), and Microsoft (MSFT) have cut large numbers of people, although they are still extremely profitable. Another set of broad layoffs among these companies would be extremely bad news. The reaction to increasing unemployment will worsen if job losses spread to the large energy companies and media conglomerates...
...caught up with economist Sylvia Ann Hewlett, who has studied these issues forever. She's the founder of the Hidden Brain Drain task force, a group of more than 50 companies--including GE, Goldman Sachs and our own mother ship, Time Warner--that are exploring how employers can hang on to the people they can least afford to lose. Especially when companies need to reinvent themselves to survive, she warns, they can't afford the huge costs associated with stressed-out talent: "It's not good for the bottom line," she says, "and it's not good for individuals...
...coverage--and has gained market share, avoided layoffs and banked $2 billion in cash for these rainy days. Wegmans supermarkets (No. 5) offer workers free yoga classes; biotech leader Genentech (No. 7) features paid sabbaticals, on-site child care and a fitness center; its revenues jumped 25% last quarter. Hewlett suggests even struggling companies that have moved to a four-day workweek rather than fire people may promote both morale and quality of life...
...company's animation in 3-D from the outset. While Disney's Pixar and others have also produced 3-D animation over the years, the special effect is typically added during postproduction. DreamWorks built its own 3-D-authoring software and hardware and, along with Intel and Hewlett-Packard, built a server farm that fills a room, floor to ceiling, the size of a small banquet hall. Among other tools, moviemakers there jury-rigged a video camera that allows the director to peer through it while moving and navigate through a virtual scene in real time. That helps him block...