HPQ to lay off 15,000 peeps!!!!!

Author
Aron Schatz
Posted
June 4, 2002
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1795
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10,000 by Nov 1st. My sorrow goes out to the pink slippers Sad.

Fiorina said the company is moving faster on integrating the companies and reiterated confidence that HP could cut more than $2.5 billion in costs through non-personnel items such as procurement and real estate. Cost-cutting will be crucial if the company wants not only to survive but also thrive, in part because it doesn't foresee a recovery in information technology spending until next year.

I'm on my lunch break Smile.

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