Hewlett-Packard to cut 14,500 jobs
Hewlett-Packard, the world’s largest printer maker, will eliminate 14,500 jobs in the biggest layoffs since 2002, as part of efforts by new Chief Executive Officer Mark Hurd to bring costs into line with competitors.
The cuts represent 10 percent of the company’s workforce and are at the middle of the 10,000 to 25,000 analysts had been expecting, the Palo Alto, California-based company said today in a statement sent by Business Wire.
Read the Share:
Read more
Google becoming a privacy threat?
- Gates: Good techies are hard to come by
- HP cluster platform 4000 system for weapons systems design
- Intel to reply to AMD's antitrust claims by September 6
- TCG releases specification for "trusted servers"
- WinZip purchased by turnaround specialist
- Users' group urges IBM to make OS/2 open source
- Longhorn beta to have near-complete Indigo
- Steve Ballmer: Microsoft will never be like IBM
- IBM previews blogging tool
MSI launches SLI mobo for Intel P4 platform
- Prices for monitor and TV panels to go in different direction
- Hynix stops shipping NAND flash to spot market
- Global demand may reach 4.5 billion DVD discs this year
- Samsung raises panel forecast on increased LCD TV demand
- AmberWave files patent suit against Intel
- SDK first to manufacture perpendicular harddrive media
- Shuttle launch no earlier than July 26
- Sony to develop digital SLRs with Konica Minolta
- Apple bounces back into US PC vendor top four
Sponsored
See more
Latest news
Miscellaneous Previous news
Partners
