Sunday, October 16, 2016

HP Issues Cautious Forecast, Plans Job Cuts

#HP Inc. announced plans that include generating a bit less cash than analysts had anticipated in the next fiscal year while moving to further reduce the company’s head count. The big maker of printers and personal computers, which is grappling with declines in those markets, on Thursday disclosed plans during a meeting with analysts to cut 3,000 to 4,000 employees from its payroll over the next three years.

http://www.wsj.com/articles/hp-issues-cautious-forecast-on-2017-cash-flow-1476390602

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