HP to axe 30000 jobs in restructuring


Hewlett-Packard is preparing to shed up to another 30,000 jobs as the Silicon Valley pioneer launches into a new era.

The cuts announced on Tuesday will occur within the newly formed Hewlett Packard Enterprise, a bundle of technology divisions focused on software, consulting, and data analysis that is splitting off from the company’s personal computer and printing operations.

The spin-off is scheduled to be completed by the end of next month.

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