HP to cut 24,600 jobs worldwide
Sep 17th, 2008 | By David Harper | Category: TechnologyThe workforce reduction is intended to “streamline the combined company’s services businesses”, and once complete is expected to “result in annual cost savings of approximately $US1.8 billion ($A2.2 billion),” Hewlett-Packard said in a statement. About 7.5 per cent of the combined workforce would be affected, HP said.