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Hi-Tech / Hardware

As part of the restructuring, HP will cut up to 9000 jobs

3DNews: Novosti Hardware 04.10.2019 at 13:26

3DNews: Novosti Hardware

Reportedly network sources, HP Inc plans to cut up to 16 % of its workforce as part of a plan of restructuring aimed at reducing costs. According to available data, their seats will lose from 7000 to 9000 employees. In HP believe that thanks to the restructuring by the end of 2022 the annual savings will be about $1 billion. currently the company has about 55,000 employees. It turns out that as a result of restructuring the state will be reduced by more than 15 %. The restructuring costs estimated at $1 billion, of which $100 million will be made to the report for the fourth quarter.