Hewlett-Packard (HP) is preparing to shed up to another 30, 000 jobs as the Silicon Valley pioneer launches into a new era in the same cost-cutting mode that has marred much of its recent history. The cuts announced on Tuesday will occur within the newly formed Hewlett Packard Enterprise, a bundle of technology divisions focused on software, consulting, and data analysis that is splitting off from the company’s personal computer and printing operations. The target means 10 to 12 percent of the 252, 000 workers joining HP Enterprise will lose their jobs as part of the company’s effort to reduce its expenses by $2bn annually.
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