UPDATE: Hewlett-Packard (HPQ) May Cut Up to 25,000 Jobs; Shares Melt Higher
Tweet
Share
E-mailGet Alerts HPQ Hot Sheet
Join SI Premium – FREE
(Updated - May 17, 2012 1:41 PM EDT)
Hewlett-Packard (NYSE: HPQ) said to consider cutting as many as 25,000 jobs.
UPDATE:
Hewlett-Packard shares are melting higher following headlines from Bloomberg it plans to cut up to 25,00 jobs. Of the total, 10,000 to 15,000 will be from its services segment. There will also be early retirement incentives.
Hewlett-Packard (NYSE: HPQ) said to consider cutting as many as 25,000 jobs.
UPDATE:
Hewlett-Packard shares are melting higher following headlines from Bloomberg it plans to cut up to 25,00 jobs. Of the total, 10,000 to 15,000 will be from its services segment. There will also be early retirement incentives.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- HP, Inc. (HPQ) PT Raised to $23 at Barclays
- Anthropic signed $35B cloud deal with Lambda - Reuters
- U.S. Army Secretary Driscoll has tendered resignation - Reuters
Create E-mail Alert Related Categories
Insiders' Blog, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
