Sign in

HP Inc to cut up to 4,000 jobs over next 3 years

BENGALURU: HP Inc said it expects to cut about 3,000 to 4,000 jobs over the next three years, as the maker of printers and personal computers continues to struggle

Published on: Oct 15, 2016, 07:46:21 IST
Share
Share via
  • facebook
  • twitter
  • linkedin
  • whatsapp
Copy link
  • copy link

BENGALURU: HP Inc said it expects to cut about 3,000 to 4,000 jobs over the next three years, as the maker of printers and personal computers continues to struggle with a subdued market, sending its shares down 1.3% in extended trading. HP, which houses the hardware business of former Hewlett-Packard Co, said in February it would accelerate restructuring and slash around 3,000 jobs by October-end. HP CEO Dion Weisler said the market continued to be volatile, facing pressures and uncertainties.

HT Image
HT Image
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.