Posts Tagged: job-cuts


Hewlett-Packard is to introduce several new storage, virtualization, PC, printing and services offerings in an effort to capture a larger share of the Small and Midsize Business (SMB) market.
The move comes as the company begins consultations on cutting nearly six thousand European jobs, including 850 in the UK and Germany.

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Western Digital is to cut 2,500 jobs, or about 5 per cent of its global work force, and will reduce executive pay as a result of the global economic situation.
Citing weakening demand for its products, the hard drive maker the company now expects fiscal second-quarter sales of USD $1.7 billion to $1.8 billion, with a "consequent reduction in operating results."

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