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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
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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.

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