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More tech layoffs: HP laying off up to 6,000 workers globally in the next 3 years

Por: The Hill Tech November 23, 2022

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Computer maker HP Inc. on Tuesday announced plans to slash between 4,000 and 6,000 employees by the end of 2025, becoming the latest tech company to announce mass layoffs as the sector grapples with inflation and recession fears. The company said in its fourth quarter fiscal reports that the staffing reduction will result in annualized gross run rate savings of around $1.4 billion over the next three years, and incur about a billion dollars in... + full article



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