News sources are suggesting that Hewlett-Packard is planning on cutting a minimum of 25,000 jobs i.e., 8 to 10 percent of its workforce. The new CEO of HP Meg Whitman is struggling to bring a change in the company and turn it around. Looks like he is making the same moves every struggling company does, cut down on its workforce. ... Read More »
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Hewlett-Packard to cut 9K jobs in services unit
Hewlett Packard popularly known as HP has decided to cut 9000 employees that provides technology services to other businesses as the company is looking to consolidate its commercial data center. HP said the job cuts will result from productivity gains and automation in the data centers, which are clusters of computers that HP’s business customers tap into to store data, ... Read More »