Hp (Hewlett-Packard) Announced To Cut 25,000 To 30,000 Jobs Soon

[CKRAVI]

On Tuesday, Hewlett-Packard announced it would cut 25,000 to 30,000 positions as part of its restructuring, which will split the company into two separate firms, one focused on enterprise services and one dedicated to its legacy hardware business.

The reductions will primarily impact workers at HP Enterprise Services, the company's business and technology services unit.

The company expects the layoffs will save about $2.7 billion a year, though Hewlett-Packard said it will take a $2.7 billion charge to carry out the reductions. Some of those costs will begin accruing in the fourth quarter of this year.

The company also expects the share of its workers employed overseas in low-cost locations to grow to 60 percent by 2018 from 42 percent today.

[CKRAVI]

:3D_Smiles_38:  :3D_Smiles_38:

[CKRAVI]

raavali

[iTeachSAP]

Just saw in cnn

[CKRAVI]

Just saw in cnn

 

Increasing their outsorcing to 60% anta  :3D_Smiles_38: