HP relieving employees of jobs

HP-Hewlett Packerd has recently reported a plan to remove 24,600 jobs within the next 3 years. Much of the idea is due to the combination of hp and EDS-electronic data systems group, a company that HP acquired. Before the two company's combined, hp was estimated to have 178,00 people and EDS is estimated to have 142,00 people, most certainly a reason supporting the large employment cut back. Jordan Robertson, journalist from the Austin American Statesman says, "After the restructuring is completed, H-P expects the cuts to save the company $1.8 billion a year." Local cities will also see reductions like the Dallas hub that employs some 7,200 EDS workers. Although companies like HP will be soon reaping the monetary benefits of employment reduction, former employees will have a difficult road ahead competing for jobs related to their field. It is something that we, as Americans should be informed about because HP is a popular brand of computer. In fact, it is probably one of the most well-known computer companies right now, in light of the merchandise availability and relatively cheap cost. Owners and future owners of HP computer products would generally like to be informed of the company's status to delve into the economics of big corporation. We might ask ourselves, Is is against our ethics to purchase an HP product or opt for Mac were they have made no claims of job cut backs? Another question we might ask is what are some other ways to increase finance of big business?How much of the portion of the American working class is employed by HP competitors like Dell, Compaq, and Mac,? and how have those companies resolved financial concerns without employment cut backs?