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PC maker Hewlett Packard on Tuesday said it will lay off about 6,000 employees over the next three years as the world economic downturn continues to affect the US technology sector.
HP, which has about 61,000 employees, said it aims to save $1.4 billion annually through 2025 as it follows the cost-cutting path of other tech giants like owners. owns Facebook Meta, Amazon and Twitter.
The plan “will enable us to better serve our customers and drive long-term value creation by reducing costs and reinvesting in key growth initiatives to position business for the future,” HP CEO Enrique Lores said in a statement.
Earlier this month, Meta said it would lay off more than 11,000 employees, and Twitter saw half of its 7,500 employees. workers was scrapped just days after the company was taken over by billionaire Elon Musk in late October.
“These are the hardest decisions we’ve had to make, as they impact colleagues we care about deeply. We are committed to treating everyone with care and respect.. ,” an HP spokesman said in an email to AFP.
HP, which makes computer hardware and printers, announced plans to lay off layoffs as it announced an 11.2% drop in revenue to $14.8 billion in its final fiscal quarter of 2022.
© 2022 AFP
quote: US tech giant Hewlett Packard plans to cut up to 6,000 jobs (in 2022, Nov 23) accessed Nov 23, 2022 from https://techxplore.com/news/2022-11 -tech-giant-hewlett-packard-job.html
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