Hewlett-Packard to cut 24,600 jobs
Computer giant Hewlett-Packard Co. shocked the industry Tuesday by announcing it will cut 24,600 jobs, or eight per cent of its payroll, as it integrates Electronic Data Systems Corp., including its big Canadian unit EDS Canada.
Hewlett-Packard Co said on Thursday it plans to cut 5,700 jobs in its Europe, Middle East and Africa region over the next two years.