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/

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