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HP will lay off 16% of its workforce
  • Vitaliy_KiselevVitaliy_Kiselev

    HP will separate 9,000 employees out of the current 55,000. This was announced by the firm in a statement that will be separated from 16% of its workforce in a large restructuring plan.

    This layoff plan presented by Enrique Lores, future CEO of the firm that will officially take office on November 1st. The goal is to save $ 1 billion a year from 2022.

    It is expected that HP will continue to replace workforce with temporary contractors that do not require any pension plans or social expenses.

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