HP is reportedly going to be announcing massive layoffs next Wednesday. Conflicting reports state somewhere between 25Kand 30K jobs, between 7% and 8% of HP’s global workforce, could be eliminated in an effort to absorb loses from decreasing demand for the company’s products and services. The cuts could happen over the next year, rather than a mass layoff, according to AllThingsD who also state that the total number is still undecided.
More here http://wtr.mn/L3nPN8 and here http://wtr.mn/L3nUAs
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