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 user 2010-03-08 at 1:27:48 pm Views: 103
  • #23615
    HP workers begin two-day strike
    Members of the Public and Commercial Services (PCS) union began a 48-hour strike at HP today over a dispute over job security and payThe strike action affects work at the Department for Work and Pensions, the Ministry of Defence, and car manufacturer Vauxhall. Industrial action was also taking place at HP locations in Washington, near Newcastle, and Preston and Blackpool, the PCS said.

    The dispute centres on pay freezes, as well as on the 3,400 EDS staff who have been made redundant since HP took over the company in 2008, and the 1,000 job losses planned for the first half of the year.The strikes are taking place as non-IT workers in the civil service, also in the PCS union, stage a simultaneous high profile series of strikes affecting a range of services. Additionally, there are more than 20 rallies taking place.

    Jim Hanson, national officer at PCS, was at the picket line at HP’s office in Newcastle, where 25 people were demonstrating. “The car park is looking somewhat empty, so we’ve had a good day,” he said.”There was also a successful demonstration between 7.30am and 9.30am outside HP’s headquarters in central London.”On Friday, HP insisted it was ready for the strikes. A spokesperson said: “In cooperation with our clients, we have put together a plan to mitigate the impact of the two-day action.”Registration is free, and gives you full access to our extensive white paper library, downloads, speciality areas and more.Stay up-to-date with the latest, breaking IT news, most-read articles and expert insight, direct to your inbox.

    ComputerworldUK’s RSS feeds sends the latest news, reviews & analysis direct to your desktop! Add to NetvibesThe dispute between PCS and HP has been going on since December 2009, when HP narrowly avoided a strike by union members by agreeing to sit down to talks at the eleventh hour.After a one-day strike in January, Hanson said the union had had a couple of meetings with the mediation organisation Advisory, Conciliation and Arbitration Service (ACAS), but that HP “wasn’t willing to move far enough.”
    Legal charges trim HP profit
    NEW YORK – Hewlett-Packard revised its first-quarter net income down by $73 million on Friday, thanks to charges for litigation involving a company that the computer giant acquired in 2008.Net income for the quarter ended Jan. 31 has been revised to $2.59 billion, or $1.07 a share, excluding one-time charges — down from the $2.67 billion, or $1.10 per share, HP (HP) previously reported on Feb 17. On a GAAP basis, HP is now reporting earnings of $2.25 billion, down from the $2.32 billion previously reported.”The revision is unrelated to HP’s strong business performance in the first quarter,” a company spokeswoman told CNNMoney.In 2004, Sky Subscribers Services Limited and British Sky Broadcasting Limited filed a lawsuit in the United Kingdom against technology services company Electronic Data Systems (EDS). HP acquired EDS in August 2008.The 2004 suit relates to a “customer relationship management project” that EDS was awarded in 2000, according to HP’s press release.At a March 1 court hearing, EDS was ordered to pay BSkyB 70 million British pounds, or about $112 million. That’s in addition to another payment of $320 million HP made to BSkyB in February 2010.

    Accounting rules required HP to increase the reserves it has set aside to absorb the litigation’s cost.The March 1 payment order followed a January court decision that dismissed most of BSkyB’s claims against EDS but found the company liable in some areas. HP said it is seeking permission to appeal the court’s ruling.The company did not provide updated guidance for its second fiscal quarter or the remainder of 2010.