HP and EDS Job Cuts

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- Indeed Host in Austin, Texas

45 months ago

Looks like the CEO Mark Hurd announced that Hewlett Packard (HP) is going to cut another 24,000 jobs.

If there is a silver lining, it is that the CFO (Cathie Lesjak) said they are going to spread out the cuts evenly over the next year.

They claim they will reinvest the cost savings and add back half that number of jobs.

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