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Hewlett-Packard (HP) – More layoffs to come

HP has laid off 41,000 people (with about 9,000 people left to go) under its current HP logodownsizing plan for 2014.

On Tuesday, the company hinted that more layoffs could be coming with its plans to separate itself into two huge companies.

During its quarterly conference call, Wall Street analysts asked for details about HP’s plans to divide itself into two companies: HP Inc., which will be the PC and printer unit, and HP Enterprise, which will be all the other businesses like servers, networking gear, software, outsourcing, cloud computing and so on.

Chosen excerpts by Job Market Monitor. Read the whole story at HP Executives Hint That More Layoffs Are Coming As It Splits | Business Insider.

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