Friday, May 18, 2012

HP to axe 30k jobs

HP to axe 30k jobs

At the New York Times, Quentin Hardy writes that HP CEO Meg Whitman is to cut at least 30,000 jobs

Her goal, they said Thursday, is to spend the money she saves on increasing the efficiency of the company’s sales force and on creating new products. Meg Whitman, Hewlett-Packard’s chief executive since September, is said to be focused on efficiency and new products. The executives, who spoke on the condition of anonymity because they were not authorized to speak for the company, said that ...
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