Too little too late to fix the leadership problem at HP. It's been inbred in the leadership DNA for some time now as incompetency at all levels of management has had the time to surround themselves with inept leaders who act and think like them. Contamination has spread like a contagion beyond repair.
This "me first" culture is built on following orders at any cost. Mark Turd taught this leadership team how to eat their own and enjoy doing it. People who challenge ideas for a better solutions are labeled discontents and sent packing. Pretty spreadsheets and scorecards rule the day - execution and working smart are ways of the past. Employees are treated by management like they are the problem, not the solution.
The best and the brightest have self selected out leaving behind a fragmented company of apathetic employees. This stock will crumble when the market starts heading down. Great short opportunity, even at these prices.
Mattie, Your post indicates you are there. Do you see new leadership at the top able to address cultural issues or is it not filtering down through existing layers? That is a big concern, as it will impede any turnaround.