[Reuters] HP to lay off about 27,000, eyes over $3 billion savings

Posted by: UGN Security

[Reuters] HP to lay off about 27,000, eyes over $3 billion savings - 05/23/12 04:28 PM

SAN FRANCISCO (Reuters) - Hewlett Packard Co outlined a plan on Wednesday to lay off roughly 27,000 employees or about 8 percent of its workforce to jumpstart growth.