HP has been in a slow decline for a number of years and is desperately trying to stem the bleeding. There are a number of reasons for this, but many of them are direct result of bad decision-making at the CEO and Board level. Bad acquisitions, cutting R&D investment, lack of a long-term customer retention mindset and turning a once proud product-portfolio into one characterized by commoditization and a race-to-be-the-cheapest... all of these have made HP a workplace rife w/a demoralized workforce. There is an incredibly top-heavy management structure, which never seems to change, even when layoffs are necessary. Funds for professional development have all but disappeared, people are encouraged to work in a collaborative environment, but then get evaluated in competition with one another, and while the benefits are good, the compensation (at least for my job function) is definitely below that of comparable companies. There has alo been a draconian reversal on the company policy on remote work/telework which has decreased employee satisfaction with work-life balance and resulted in a huge drain of talent (mostly to competitors!) in the past 3 years.