HP are trying to buy another company for around $2bn http://www.theregister.co.uk/2010/08/27/hp_rebid/
It might be good news in the long term, but I agree that it's going to make things tighter for now. :(
I know people working for HP, some haven't had any payrise in over 5 years.
Are they losing many staff?
A rise?! All I can hope for these days is to survive a year without another cut... :bawl:
They may need the extra cash to hook a decent CEO after Mark Hurd was ousted.