HP cuts four projects from R&D budget. Hewlett-Packard Co. has decided to cut four research projects from its HP Labs organization -- despite pledges this week that research and development would be kept intact after 14,500 planned job cuts take effect. [Computerworld News]
Here's the difference between a manager and a leader. Hurd did this very thing at NCR. He's an able manager with the ability to squeeze profits from an ongoing operation. Whether he's the right guy for growing a business remains to be seen. Perhaps that's not the goal of HP right now?
11:50:38 AM 
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