HP Poised To Eliminate Up To 30,000 Jobs: According to multiple sources, HP is set to lay off as many as 30,000 employees to cut costs. If you work for HP, now might be a good time to dust off that resume.
The looming cuts cited by Bloomberg News and the technology blog All Things D would trim as much as 9 percent of HP's workforce, based on the 349,600 people employed by the Palo Alto, Calif., company as of last October. A breakdown on HP's website listed 324,600 employees, but company spokesman Michael Thacker said the information was wrong. He pointed to the October figure listed in HP's annual report as the most accurate head count.
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