Labor & Economic News Blog


Tuesday, July 19, 2005

HP plans to cut 14,500 jobs
By Benjamin Pimentel
Hewlett-Packard said today it plans to eliminate 14,500 jobs over the next year and a half in a bid to slash costs and "create a simpler, nimbler HP." The cuts, totaling about 10 percent of its workforce, are expected to lead to annual savings of $1.9...

 



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