Skip to main content

Paul Sakuma/Paul Sakuma/Associated Press

Hewlett Packard Co. CEO Meg Whitman plans to combine the computing giant's PC and printing divisions in a major internal overhaul intended to spur combined sales of hardware to customers, two sources familiar with the move told Reuters.

That reorganization, expected to be announced "soon," would see printing division chief Vyomesh Joshi step down and current PC chief Todd Bradley head up the combined unit, the sources said on condition of anonymity, because the information was not yet public.

HP, which is struggling to keep its core personal computing business in the black as mobile devices from tablets to smartphones eat into sales, considered but abandoned a proposal to sell or spin off its PC arm last year after deeming it core to its overall strategy.

Story continues below advertisement

Chief Executive Officer Whitman is looking to streamline the organization so that it is easier for customers to buy the two products together, and to reinvest any savings into research and development, one of the sources said.

Earnings plummeted 44 per cent in the fiscal first quarter and revenue slid 7 per cent as the once-storied Silicon Valley institution – which has changed CEOs twice in recent years – struggled to galvanize computer sales.

Tech blog AllThingsDigital first reported on the reorganization.

The company declined to comment on the report.

Shares in HP slid 0.9 per cent to $24.12 in afternoon trade.

Report an error
As of December 20, 2017, we have temporarily removed commenting from our articles. We hope to have this resolved by the end of January 2018. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to If you want to write a letter to the editor, please forward to