- KBI: Man found dead in Arcadia killed in Kansas City
- Woman who drowned in Texas in 1966 identified as Kansan
- Anonymous couple pledges $3.5 million to Wichita State
- Four Kansas nurses refuse to give COVID-19 vaccine
- Security concerns close Kansas offices, curtail Legislature
- Topeka mayor diagnosed with COVID-19
- Kansas anti-abortion measure clears first legislative hurdle
- OK judge orders 'Tiger King' zoo to turn over big cats
- Couple married for 74 years dies within days of each other from COVID-19
- City of Wichita approves funding initiative for District I
- McConnell criticized over reported consideration of impeachment [VIDEO]
- POMPEO: The Chinese Communist Party poses an ‘Existential Threat’ to the United States
- RUSH: The MAGA agenda will succeed, after Democrats fail [VIDEO]
- Harvard moves to revoke degree of GOP lawmaker over election objection [VIDEO]
- Trump's farewell speech: 'We restored the idea that in America, no one is forgotten' [VIDEO]
- OK judge orders 'Tiger King' zoo to turn over big cats
- MyPillow CEO 'welcomes' cease-and-desist lawsuit by voting machine maker over his fraud claims
- Mega Millions jackpot now $850M; Powerball up to $730M
- GM teams up with Microsoft on driverless cars
- Trump expected to grant up to 100 pardons, commutations as term ends [VIDEO]

January is National Soup Month, which is your favorite?
HP Inc.’s new CEO unveils plan to cut up to 9,000 jobs
October 03, 2019 - 7:43 pm
The Associated Press
SAN FRANCISCO (AP) — HP Inc.’s new CEO has unveiled the company’s latest plan to streamline its operations — one that envisions cutting its workforce by as much as 16% over the next three years.
The personal computer and printer maker says it expects to drop 7,000 to 9,000 people from its global workforce of about 55,000 by 2020. It expects the moves to save it about $1 billion a year by the end of its 2022 fiscal year.
HP announced the job cuts Thursday at a meeting with Wall Street analysts headlined by incoming CEO Enrique Lores. He had been overseeing the HP division that includes its profitable business of selling ink for the company's printers before being named to the top job last month.
AP Editorial Categories:
Comments ()
Tags: