Pros

HP has been a very good employer. With its size, there are opportunities to move around between major businesses and divisions. There is a shift towards keeping the corporation competitive with current skills from outside.

Cons

HP is shifting to grow through acquisition, rather than by growing a business through incubation. This is a big switch for employees. The continuing downsizing has negative morale impacts.

Advice to Senior Management

As the recovery arrives, existing talent may leave. This risk should be carefully aligned with future plans. A short staff due to attrition could negatively impact the organization's ability to benefit from the rebound.