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Posts Tagged ‘Hewlett-Packard Co.’

Hewlett-Packard Co said on Friday it has made decisions on how to address shareholders securities fraud claims over its $8.8 billion writedown for its purchase of British software company Autonomy Plc, but wants six more weeks to decide what legal course to pursue. U.S. District Judge Charles Breyer in San Francisco had on September 6 […]

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PALO ALTO, Calif. (AP) — Personal computer giant Hewlett-Packard Co. has confirmed that it expects layoffs at the upper end of a range that it outlined earlier this year, with 5,000 more workers than originally planned expected to lose jobs by October 2014.

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(Reuters) – Hewlett-Packard Co said it would cut 5,000 more jobs, bringing the total number of layoffs to 34,000, or 11 percent of its workforce. The company said in a regulatory filing on Monday that it would record a charge of $4.1 billion in 2014, up from its prior estimate of $3.6 billion. (http://r.reuters.com/kyf75v) HP […]

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