Last fall, HP announced that it would be splitting into two corporate entities, as it launched its blended reality and 3D printing products. For months now, HP CEO Meg Whitman has been indicating that, with the division of the company into Hewlett-Packard Enterprise and HP Inc., tens of thousands of people would be laid off in the process. On September 15th, Whitman confirmed, in an investor conference, that 10% of the company’s 300,000+ workforce would be let go.
With a plan to cut between 28,000 and 33,000 jobs Whitman told investors, “These restructuring activities will enable a more competitive, sustainable cost structure for the new Hewlett Packard Enterprise.…
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