12/26/2024

Hewlett-Packard to Cut Additional 11,000 to 16,000 Jobs, Stock Falls on Earnings Report

Hewlett-Packard Co. will cut an additional 11,000 to 16,000 jobs as the company pursues its restructuring under CEO Meg Whitman. That brings the total planned cuts to almost 50,000, which would equal roughly 15 percent of its global workforce.

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