HP to slash workforce of 150,000 by about 10 pct

Hewlett-Packard Co. (NYSE:HPQ - news) said on Tuesday it will slash its workforce by 14,500 jobs, or about 10 percent, the biggest effort yet by new Chief Executive Mark Hurd to give the computer and printer maker an edge in cutthroat technology markets.

Source: Reuters


Posted: Tue - July 19, 2005 at 09:23 AM