By timothy from Slashdot's leaner-yet department
writes "Good news for HP: Profits are up by 18% over the previous year! Bad news for HP: A lot of those profits are from post-Windows XP PC upgrades, and company revenue actually dipped 1%. The solution, according to CEO Meg Whitman, is "continuous improvement in our cost structure," which means firing thousands of people. At the end of the next round of layoffs, the company will have shed 50,000 employees since 2012."
New submitter Deveauxes (3664417)
links to a similar story from CNN's news service, according to which "HP said the latest layoffs would come across all its business units and geographic locations, and would generate $1 billion in annual savings beyond the $3.5 to $4 billion projected from the previously announced cuts. 'No company likes to decrease the work force, and we recognize that this is difficult for employees,' CEO Meg Whitman said in a conference call with analysts. 'I think everyone understands the turnaround we're in.'"Read Replies (0)
By timothy from Slashdot's collector's-item-in-advance department
writes "The CEO of Fiat Chrysler said he hopes that people don't buy his company's electric car, the Fiat 500e, which he is forced to sell at a loss because of state and federal mandates. 'I hope you don't buy it because every time I sell one it costs me $14,000,' Sergio Marchionne told the audience at the Brookings Institute during a discussion of the auto bailout. 'I'm honest enough to tell you that I will make the car, I'll make it available which is my requirement but I will sell the limit of what I need to sell and not one more,' said Marchionne. Fiat Chrysler produces two Fiat 500s. The gas-powered Fiat 500 has a base price of $17,300. The electric Fiat 500e runs $32,650. In his candid remarks, Marchionne blamed regulations set in place in California and by President Obama."
(Also at USA Today
.) If they find they're selling too many for comfort, couldn't they raise the price?Read Replies (0)
By Soulskill from Slashdot's or-as-frankie-calls-it,-february department
An anonymous reader writes "A biotech start-up from Massachusetts has an unusual product: a bottle full of bacteria you're supposed to spray onto your face. The bacteria is Nitrosomonas eutropha, and it's generally harmless. Its main use is that it oxidizes ammonia, and the start-up's researchers suspect it used to commonly live on human skin before we began washing it away with soaps and other cleaners. Such bacteria are an area of heavy research in biology right now. Scientists know that the gut microbiome is important to proper digestion, and they're trying to figure out if an external microbiome can be similarly beneficial to skin. A journalist for the NY Times volunteered to test the product, which involved four straight weeks of no showers, no soap, no shampoo, and no deodorant. The sprayed-on bacteria quickly colonized her skin, along with other known types of bacteria — and hundreds of unknown (but apparently harmless) strains. She reported improvements to her skin and complexion, and described how the bacteria worked to curtail (but not eliminate) the body odor caused by not washing. At the end of the experiment, all of the N. eutropha vanished within three showers."Read Replies (0)
By Soulskill from Slashdot's stirring-the-pot department
On Monday, The Intercept reported that the NSA is recording the content
of every cell phone call in the Bahamas. At the time of publication, The Intercept said there was another country in which the NSA was doing this, but declined to name it because of "specific, credible concerns that doing so could lead to increased violence." Now, reader Advocatus Diaboli points out that WikiLeaks has spilled the beans: the country being fully monitored by the NSA is Afghanistan
. Julian Assange wrote,"Such censorship strips a nation of its right to self-determination on a matter which affects its whole population. An ongoing crime of mass espionage is being committed against the victim state and its population. By denying an entire population the knowledge of its own victimization, this act of censorship denies each individual in that country the opportunity to seek an effective remedy, whether in international courts, or elsewhere. Pre-notification to the perpetrating authorities also permits the erasure of evidence which could be used in a successful criminal prosecution, civil claim, or other investigations. ... We do not believe it is the place of media to 'aid and abet' a state in escaping detection and prosecution for a serious crime against a population. Consequently WikiLeaks cannot be complicit in the censorship of victim state X. The country in question is Afghanistan."Read Replies (0)