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09/17/2015 12:42 PM ID: 101101 Permalink   

Hewlett-Packard Co. to Cut up to 30,000 Jobs


Hewlett-Packard Co. will cut another 30,000 jobs as it plans to split the company in two, CEO Meg Whitman confirmed.

The company´s split into two listed companies – one focused on its computer and printer business and the other on hardware and service operations, is expected to be accomplished by the end of next month.

The company has already cut about 55,000 under prior restructuring plans. The job reductions will "enable a more competitive, sustainable cost structure," Whitman explained.

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