HP | As many as 25,000 job cuts could be coming

Hewlett-Packard Co. is considering cutting as many as 25,000 jobs, or 8% of its workforce, to reduce costs and help the company contend with ebbing demand for computers and services, people briefed on the plans said.

The number to be cut includes 10,000 to 15,000 from Hewlett-Packard’s enterprise services group, which sells a range of information-technology services and has been beset by declining profitability, said these people, who asked not to be identified because the plans aren’t final and may change.

The number of jobs targeted could even be as high as 30,000, according to a report by Dow Jones’s All Things Digital.

via HP said to be considering as many as 25,000 job cuts | FP Tech Desk | Financial Post.