HP's Whitman to Announce Restructuring Plan Wednesday; 30,000 Jobs Targeted

May 17, 2012, 1:37 pm • Posted by KQED News Staff
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The daunting task of restructuring Hewlett-Packard will begin in earnest next Wednesday when the company reports its quarterly earnings. Sources familiar with the company's plans say that CEO Meg Whitman will discuss the opening steps of a company-wide restructuring plan that will include the elimination of about 30,000 jobs.

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