Hewlett-Packard to cut 3,000 jobs | WHAT REALLY HAPPENED


Hewlett-Packard to cut 3,000 jobs

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 cuts add to the nearly 25,000 employees HP said it would lay off after it bought tech firm Electronic Data Systems in August 2008. At the time, HP said those cuts would result in annual cost savings of about $1.8 billion.

Webmaster's Commentary: 

The American worker has become as disposable and expendable as a Kleenex in the the pursuit of corporate profits.

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