The HP Way? Cutting Staff by 10%

With the management restructuring -- which added positions -- out of the way, Hewlett-Packard (NYSE: HPQ) announced today that it would cut 14,500 full-time jobs over the next six quarters. Most of the cuts will be in areas other than sales (the company's face to the customer) and research and development.

Source: Motley Fool


Posted: Tue - July 19, 2005 at 09:58 PM