HP to lay off 27,000, Profit slides 31 percent & Save up to $3.5 billion annually

Subscribe to Freshers Jobs

Search 1000’s of local Job Postings ! Increase your chances to get your dream job.

Welcome to FreshersPlane, FreshersPlane Provide you latest Job Notifications , Career Opportunities, Government Jobs Information,

Don't forget to subscribe to email notifications to get all latest jobs directly to your email daily. We post more than 1000+ jobs every week.So,

Hewlett Packard Co plans to lay off roughly 27,000 employees or about 8 per cent of its workforce over the next couple of years to jumpstart growth and save up to $3.5 billion annually, sending its shares 11 percent higher.

The company said the layoffs would be made mainly through early retirement and would generate annual savings of $3 billion to $3.5 billion as it exits fiscal year 2014, when the layoffs are expected to the completed.

The world’s No. 1 personal computer maker, which employs more than 300,000 people globally, also said on Wednesday that it had a 31 percent decline in second-quarter profit and a 3 per cent decline in revenue, compared with a year ago.



Find the Latest Jobs in our site for freshers , experience .List of walkings , fresher jobs, latest jobs,Govt Jobs, Sarkari Naukri for all engineering branches, all graduates, Apply for all jobs mentioned in our site.

Source : IBN Live

Comments

comments

Updated: April 6, 2017 — 9:51 AM

Freshersplane is online web Platform working for graduates with aim is to to make the career searching task simpler and easier by providing them information about jobs which are relevant to them. Job Search, Latest Jobs, Government Jobs, Results

Powered by Indian Servers Competitive Exams Syllabus Colleges List TCS Next Step

Leave a Reply

Your email address will not be published. Required fields are marked *

5 × one =

Freshers Plane - 2017, 2016 and 2015 Freshers Job updates | Freshersplane Jobs | 2016 Freshers Job Updates | Freshersplane.com © 2017 Frontier Theme