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
Most of us enjoy the benefits of servitization (also known as managed services or managed solutions) every day. In fact, you may be holding a piece of equipment that includes bundled services in your palm as you read this article.... read more
Usury is the exacting, taking or receiving of a greater rate than allowed by law for the use or loan of money or a forbearance. A transaction is usurious if a loan is made at greater than the legal rate... read more