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HP to cut workforce by 3,000

Tuesday, June 1, 2010

Hewlett-Packard plans to cut 3,000 jobs over the next few years as it ramps up its use of automated data centers for business customers, the company announced Tuesday.

The world's largest computer company said it will invest $1 billion in building up its automated data centers to service business customers. HP will cut about 9,000 jobs in its enterprise services division as a result, but over the same time period, the company expects to add about 6,000 employees to its sales and delivery teams.

Article sourced from money.cnn.com, click here to read full story.

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