SoylentNews is people
SoylentNews is powered by your submissions, so send in your scoop. Only 17 submissions in the queue.
SoylentNews
Submission Preview
HP to Cut Some 30,000 Employees
About a year ago, Hewlett-Packard unveiled plans to split into two companies, Hewlett-Packard Enterprise, encompassing software and services, and HP Inc., a PC and printer business. Research activities previously housed in HP Labs would go with the business units. That split will become official on 1 November.
Today, the company announced that this restructuring will involve reducing [ieee.org] the workforce by 25,000 to 30,000 people, or 10 percent. Most of those jobs will be eliminated on the Enterprise side.
Perhaps these employees can fill the tech worker shortfall that is driving Facebook and others to call for expanding the H1B system.
It is so very hard to be an
on-your-own-take-care-of-yourself-because-there-is-no-one-else-to-do-it-for-you
grown-up.
