HP to Shake Up Printing Arm: Report
By JESSICA GREENE
Updated 10:30 AM PDT, Wed, Sep 30, 2009
Hewlett-Packard announced this week that they are finalizing plans to reorganize part of the company's printing division.
The as-yet-firmed plan would combine HP's printer and personal-computer businesses into one unit, according to the Wall Street Journal.
Long-known for their printers, Palo Alto-based HP dove head first into the PC business a few years ago after profits took a dip.
CEO Mark Hurd, who took over four years ago, has taken a clue from shoppers, shifting the company's focus from printers to PCs.
The shake-up would leave current printer chief Vyomesh Joshi without a job. But he's not likely to be collecting unemployment anytime soon. The electrical engineer has been a member of Yahoo's board of directors since 2005, and is highly qualified to run any number of other Silicon Valley firms.
First Published: Sep 30, 2009 10:14 AM PDT on NBC Bay Area
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