Bloomberg is reporting, based on people briefed on the plans, that Hewlett-Packard is considering cutting as many as 25,000 jobs, or 8% of its workforce, to reduce costs and help the company contend with ebbing demand for computers and services.
Bloomberg said the number to be cut includes 10,000 to 15,000 from Hewlett-Packard’s enterprise services group, which sells a range of information-technology services and has been beset by declining profitability.
To read the full Bloomberg report click here.
No tags available
At this time last year, it was pretty clear U.S. commercial truck chassis and equipment sales would keep rising through the end of 2015 and into 2016. However, there was some debate surrounding the anticipated growth rate. After commercial truck... read more
The last calendar year has been marked by turbulence. From the gutter war of a Presidential election to Brexit to the continued downturn in the energy sector, there has not been much stable ground to be found. Even above the... read more