×

Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

BtoB

Hewlett-Packard to cut 6,000 jobs

Published on .

Most Popular
San Francisco--Hewlett-Packard Co. said it would cut 6,000 jobs, or 6.5% of its work force, and warned of lower-than-expected third-quarter revenue due to a slowing worldwide economy. The computer maker said the cuts would take place mostly in the fourth quarter and would achieve $500 million in savings annually. HP's stock closed at $24, down from Wednesday's close of $25.68.
In this article: