Further 3,300 Jobs Cut to Offset Debt

HP plans to cut a further 3,300 jobs in the coming three years to offset an initial $6.8 billion total debt.

The plan comes on the heels of its recent 25,000 to 30,000 layoff announcement. HP claims that $300 million could be saved through this plan.

HP has released several news reports over the last 2 years relating to its planned layoffs, with a total of 58,000 layoffs already in place.

HP also claims its involvement in 3D printing will boost business after splitting.


Source: http://3dprint.com/

You’re Welcome to Contact Us!
You can provide opinions and comments on this story!
Or you can send us your own story!
Please contact Violien Wu, Head of News & Editorial, via violien.wu@iRecyclingTimes.com

0 replies

Leave a Comment

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *