Now the slowdown in the market is starting to affect the tech and IT companies. HP's new CEO has planned layoffs in the company. According to the planning of the new CEO, 16 percent of the employees will be freed in the next three years. Let's know in full detail
For your information, Let us tell you that 7,000 to 9,000 people can be fired globally in a company that makes personal computers and printers. After the removal of about nine thousand people from the job, by the end of FY 2022, the company created a plan to save $ 1 billion, which will save about Rs 7,100 crore.
HP has given information on Thursday. Let us know that Enrique Lores has recently taken over as CEO in HP and his plan of retrenchment is his own. Lores is handling HP's ink division, which is the most profitable division. Let us tell you that HP's stock was down by 10 percent this year.
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