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HP to Slash 16% of Workforce in Restructuring Effort

October 4, 2019

Cutting 7,000 to 9,000 jobs will save the PC and printer maker $1 billion a year

HP Inc. will cut 7,000 to 9,000 jobs over the next three years as part of a larger restructuring plan aimed at saving the giant PC and printer vendor as much as $1 billion a year by 2022.