HP says to cut 25,000 to 30,000 jobs in enterprise business
Hewlett-Packard Co said it expects to cut 25,000 to 30,000 jobs as part of its restructuring and cost-saving efforts at it enterprise services business.HP is splitting into two listed companies later this year, separating its computer and printer businesses from its faster-growing corporate hardware and services operations.
The expected job cuts will result in a chargeThe amount of electricity present upon the capacitor’s plates. Also, the act of forcing of electrons onto the capacitor’s plates. See CoulombA coulomb is the unit of electric charge. It is named after Charles-Augustin de Coulomb.1 coulomb is the amount of electric charge transported by a current of 1 ampere in 1 second. It can also be defined in terms of capacitance and voltage, where one coulomb is defined as one farad of capacitance times one volt of electric potential difference.. of about $2.7 billion, beginning in the fourth quarter, HP said in a statement on Tuesday. (Reporting by Abhirup Roy in Bengaluru; Editing by Savio D’Souza)