It wont be happy new year for 5,000 HP employees who are now part the companys plans to trim its workforce in 2014. In its annual report filed with the U.S. Securities and Exchange Commission today, HP noted that it plans to eliminate 34,000 positions, up from the 29,000 the company said were getting cut […]
SAN FRANCISCO (AP) — Hewlett-Packard CEO Meg Whitman is getting a huge raise as she enters the third year of her attempt to turn around the slumping personal computer and printer maker.
Hewlett-Packard Chief Executive Meg Whitman gave up her symbolic $1 salary and now draws an annual base salary of $1.5 million, reflecting the 93 percent rise in the companys stock so far this year. Whitman, HPs third CEO in four years, is steering the Silicon Valley giant through a years-long restructuring since inheriting in 2011 […]
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