Maybe. And I fully admit that given those two choices, it's better to save the company and lay of 30k people.
But I do have to wonder how the company grew to be so bloated and large. Perhaps it was unfair for HP to hire them to begin with.
I fully recognize that at the end of a day, an unprofitable company doesn't do anyone any good. It's just sad for me to think that the only way to make the company profitable is to lay off such a huge number of employees.
I also know how big-company layoffs often work; they often don't take someone's quality of work into consideration, but rather the project or division in which they worked. Thus, I'm sure some great people will be looking for jobs, through no fault of their own.