Hewlett-Packard is yet again ramping up the number of jobs it expects to eliminate as part of its turnaround plan, blaming market and business pressures for the cuts in a regulatory filing Monday.
The world's largest computer maker revealed in a filing with the Securities and Exchange Commission that it expects to cut an additional 5,000 jobs on top of the 29,000 it previously planned to eliminate. The company originally announced plans to cut 27,000 positions in May 2012, boosting that figure in September 2012.
src:news.cnet.com