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Wednesday, September 16, 2015

Hewlett Packard to cut up to 30,000 jobs from enterprise unit

http://www.usatoday.com/story/tech/2015/09/15/hewlett-packard-cut-up-30000-jobs-enterprise-unit/72331176/

Hewlett Packard said Tuesday afternoon that 25,000 to 30,000 people will leave the enterprise division as part of a planned spinoff.
The cuts, meant to cut $2.7 billion in annual costs, represent about 10% of the company's total workforce of 302,000 employees.
Meg Whitman, H-P CEO,  is becoming CEO of Hewlett Packard Enterprise, a company focused on software and services for corporate clients. It will trade under the ticker symbol HPE.

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