HP to reorganize printing division

Hewlett-Packard announced a significant reorganization Wednesday of its most profitable division, paring five groups down to three within the printing and imaging division, according to published reports.

HP would not comment on whether jobs cuts would accompany the reorganization, but an HP representative told The New York Times and San Jose Mercury News that a "rebalancing" of its workforce would likely occur. The three new groups will focus on consumers and small businesses; large enterprises; and graphics that cater to large-scale printing of billboards, signs and professional photography, the Times reported.

The reorganization, announced by Vyomesh Joshi in an internal memo, is part of an effort to expand its business from computer printers to a wider range of printing activities. Joshi will remain the head of the division.

"We're moving from being a printer company to a printing company," spokesman Ryan Donovan told the Mercury News.

In May, HP reported that the division earned $2.38 billion on revenue of $14.9 billion in the first six months of its fiscal year.

[iamwho]

A real news headline would be: "HP cuts cost of ink cartridges, apologizes for overcharging customers". Just sayin'

[joshsc]

HP's ink is as cheap or cheaper than anyone elses in most cases. With printers that give you 1.5 and 2.7 cents per page in black, the only other company that comes close is Kodak with 2.9 cents per page.

Just sayin'

[peakspike]

I have an HP printer and every time I turn it on it prints out a full page all color "test" sheet. I bet some received a big bonus at HP from coming up with this little trick to use more ink.

[iamwho]

So, Josh, you're saying that HP does us a favor when we have to throw out a cartridge because one of the three colors ran out? Or that it's a good thing the "free" cartridge inside that brand-new printer is only half-full, forcing you to buy that "cheap" replacement early? Or how about the fact that maybe you stocked up on a certain HP cartridge, only to find out that when it's time to replace the printer HP no longer makes a model that uses those cartridges. I'm guessing the HP kool-aid tastes good to you.

There's a reason why the printer division is one of HP's major profit centers --and it's not because of low per page print costs.

[uglo]

Ink Cartridges keep HP in business.