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I worked at Hewlett-Packard full-time (More than 3 years)
Good salaries, very capable colleagues, strong company provided benefits and other perks.
Legacy mindset of what the end-user community really wanted...difficult to change the internal view of "good business" as being those projects which added more headcount to a renewing project when the clients were seeking economies of scale and more efficient running of their programs. That disconnect was (and may likely still is) pervasive in the professional services arena.
Advice to Management
Take a deep introspective look at the "cons" posting I noted. Fixing that means less revenue for the renewing projects and less revenue for new bids...but you'll win more bids.