HP Inc.

Things have gone downhill - Anonymous employee HP Inc. Employee Review

3.0

10 Mar 2016

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

I've worked at HP for 10+ years. Being such a big company, there are a lot of different organizations, which gives employees opportunities to move around and grow into new roles and skills. They also like to promote from within, which again, helps with career growth. There are also still managers around who believe in 'The HP Way' which was a philosophy the founders, Bill and Dave, used to investn in and support the best and brightest people to give the company a competitive edge in innovation, what HP used to be known for. There is also, hopefully, going to be a renewed emphasis on R&D, to start bringing back innovative, industry-leading cutting edge products. I just don't know that it will be enough, quickly enough.

Cons

HP has been in a slow decline for a number of years and is desperately trying to stem the bleeding. There are a number of reasons for this, but many of them are direct result of bad decision-making at the CEO and Board level. Bad acquisitions, cutting R&D investment, lack of a long-term customer retention mindset and turning a once proud product-portfolio into one characterized by commoditization and a race-to-be-the-cheapest... all of these have made HP a workplace rife w/a demoralized workforce. There is an incredibly top-heavy management structure, which never seems to change, even when layoffs are necessary. Funds for professional development have all but disappeared, people are encouraged to work in a collaborative environment, but then get evaluated in competition with one another, and while the benefits are good, the compensation (at least for my job function) is definitely below that of comparable companies. There has alo been a draconian reversal on the company policy on remote work/telework which has decreased employee satisfaction with work-life balance and resulted in a huge drain of talent (mostly to competitors!) in the past 3 years.

HP Inc. Response

10y

Hi and thank you for your feedback! It's nice to hear you appreciate our culture and the growth opportunities we offer to employees. There is indeed a strong focus on innovation, and we will continue to invest in R&D. I am sorry to see that you are not optimistic about our future. Although the current market landscape is a challenging one, we remain focused. Even in the midst of separation and soft markets, HP Inc. outperformed the market and gained share in every region, maintained our #1 or #2 position in 48 of top 50 countries and introduced new products that have already won awards and acclaims in global press and analyst coverage. To your point about the fact that you are encouraged to compete against your peers, this is definitely not part of our philosophy and culture, and your experience may not be representative for the majority of our employees. I highly encourage you to take advantage of our Open Door policy, and raise your concerns. Hope this helps! ~ Madalina Antohe, Employer brand & digital media leader

Things have gone downhill - Anonymous employee HP Inc. Employee Review

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