cory: frumkin partner bill frumkin and professor john williams.st of bloomberg west to" will be right back. ♪ he's out there. there's a guy out there whose making a name for himself in a sport where your name and maybe a number are what define you. somewhere in that pack is a driver that can intimidate the intimidator. a guy that can take the king 7 and make it 8. heck. maybe even 9. make no mistake about it. they're out there. i guarantee it. welcome to the nascar xfinity series. >> you are watching the best of "bloomberg west." we focus on technology and innovation. massive charges, layoffs falling sales, currency head winds -- everything is happening at hewlett-packard. except for sales success. the 76-year-old tech pioneer in a critical phase as it prepares to split into two. they say the cost of that split will now hit $2 billion over several years and it doesn't include the cost of layoffs. and yes, there will be more layoffs. job cuts will hit 55,000 by the end of the fiscal year. but cfo is hinting about even more cuts during that spinoff

. >> thank you very much, and bill frumkin, thank you as well.bloomberg west" will be right back. ♪ >> i'm cory johnson. this is "bloomberg west." the business of business travel is getting a caffeine fix. concur will partner with starbucks. why starbucks? they can now earn reward points. chief product officer barry padgett joins me via skype. barry i answered my own question, but why starbucks? >> you heard howard schultz, the ceo of starbucks, refer to starbucks as your third place. not your home, not your office but your third place. and we have found that that is true. we do about 10,000 transactions a month through concur in business meals alone. >> i am more of a cafe roma guy. that's just me. that is my third place. i will ask you to backtrack and talk about concur and what your main business is. the expense business is a fascinating one. >> absolutely. we are laser focused on the simple, perfect business trip. we think about the way it ought to work in terms of his newest -- in terms of business travel. taking the pain out of travel. you

. >> bill frumkin and joan williams. best of bloomberg west. we'll be right back. >> massive charges, lawoffs, falling sales, currency head winds everything is happening at hewlett-packard. the 76-year-old tech pioneer in a critical phase as it prepares to split into two. they say it will now hit $2 billion over several years and it doesn't include the cost of layoffs. and yes there will be more layoffs. job cuts will hit 55,000 by the end of the fiscal year. but cfo is hinting about even more cuts during that spinoff process. meanwhile, meg wittman insists that the turn around track even though sales fell for the 13th of 14 quarters. i spoke with jason nolen. >> the biggest surprise to me was the free cash flow. $3 billion. and some of that was currency translation some was foreign tax. but a big component was the cost of separation. legal fees, consulting fees there's a lot of work that has to be done that separates these two companies. i think it's the right move long term but that was a big surprise to me. i didn't expect a billion-3. >> le