“I believe in creative destruction.”-Meg Whitman, CEO Hewlett Packard

“It’s staggering, this is now the cheapest big stock in the last 25 years. That reflects an industry belief that the company is going to decline.”-A. M. Sacconaghi, Bernstein Research

According to a New York Times article, Meg Whitman will reveal her tactical plans for rejuvenating Hewlett Packard (HP) on Wednesday, 03 October 2012.

HP employes thousands of people in the United States (Boise, Idaho. Houston, Texas. Costa Rica), but those jobs have been disappearing, and under Whitman’s plans could be reduced even more. She wants to continue HP’s spread across the world, already HP has at least 60,000 employees in India alone!

Whitman says she hopes to get her changes completed within four years.  But one thing’s for sure, HP has got to stop buying up losing companies: Just last year HP spent $10 billion USD buying a company called Autonomy.

Here’s a good thing about Whitman, she hates bureaucracy.  The first thing she did at HP was to consolidate and trim the upper management.

On 03 October we’ll find out just how much more trimming she’ll do to the rest of the company.