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HP Laying off 27,000 Workers in Restructuring

 
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PostPosted: Wed May 23, 2012 6:41 pm    Post subject: HP Laying off 27,000 Workers in Restructuring Reply with quote

HP just announced it is laying off 27,000 workers to cut cost. Wow.

Hewlett-Packard says it's laying off 27,000 workers, 8 percent of its work force, as it restructures the business.

The Palo Alto, Calif., company says it'll save $3 billion to $3.5 billion annually from cost cuts, including the layoffs.

of fiscal 201...read more
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