Sunday, September 25, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Snapchat Introduces 'Spectacles' Smart Glasses, Changes Company name To Snap
Nvidia GPUs Could Return To Apple Macs
Lenovo Brings Fingerprint Authenticated Payments To Laptops
Report Cites Google, Salesforce Interest For Twitter
Dalian Wanda and Sony Enters Team Up in China Movie Business
Apple Develops Amazon Echo-Style Device
ALD Technology Chosen By Samsung, LG For Flexible OLEDs
TSMC To Use Different Processes And 3D Packages Across Future Design Platforms
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > HP To C...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, May 23, 2014
HP To Cut Thousands Of Jobs As Results Disappoint


Hewlett-Packard will cut 11,00 to 16,000 more jobs in as CEO Meg Whitman has been trying to turn around the personal computer.

Whitman said the turnaround remained on track and her raised target reflected how HP continued to find areas to streamline across its broad portfolio, which encompasses computing, networking, storage and software.

HP estimated about three years ago when it first announced its sweeping overhaul that it would need to shed 27,000 jobs. That number rose to 34,000 last year.

On Thursday, it estimated another 11,000 to 16,000 more jobs needed to go.

The Silicon Valley company posted a disappointing 1 percent drop in quarterly revenue, as it struggled to maintain its grip on the shrinking personal computer market and weak corporate tech spending.

HP recorded sales of $27.3 billion in its fiscal second quarter ended April 30.

Whitman said China remained a challenging region, though revenue from that country rose in the quarter.

HP forecast full-year earnings of $3.63 to $3.75 a share.




Previous
Next
Google Developing Project Tango 3D Table - report        All News        Facebook Adds More Privacy Controls
LG Strengthens Its Semiconductor Business     General Computing News      Facebook Adds More Privacy Controls

Get RSS feed Easy Print E-Mail this Message

Related News
HP To Buy Samsung's Printer Business For $1.05 billion
HP Announces New Pavilion Wave and Elite Slice PCs
HP Unveils New Windows Gaming Devices
HP To Launch Vive Branded PCs
HP's Elite X3 Smartphone To Start Shipping This Month
Oracle To Pay HP $3 billion In Itanium Case
HP expands Chromebook Lineup With Touch
HP Recalls Batteries for HP and Compaq Notebook Computers Due to Fire and Burn Hazards
HP Announces Omen Portfolio Of Gaming PCs
HP Unveils Production-Ready 3D Printing System
New HP t310 Zero Client Focuses On Performance, Security
HP Refreshes The Pavilion PC Line-up

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .