HP joins tech layoffs season, plans to fire 6,000 employees
Shortpedia
Content Team
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PC and printer major HP Inc is joining the ongoing tech layoff season and will lay off nearly 4,000-6,000 employees. In the earnings report for its fourth quarter of 2022, the company said it expects to reduce gross global headcount by approximately 4,000-6,000 employees, which is between 7-11 per cent of its workforce. "These actions are expected to be completed by the end of fiscal 2025," HP said in a statement late on Tuesday.
