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HP may cut 25,000 jobs

Hewlett-Packard is reportedly mulling a massive workforce reduction that will see as many as 25,000 jobs cut from the company. Bloomberg cites unnamed sources in reporting on the potential layoffs, which would amount to 8% of HP’s global workforce. Between 10,000 and 15,000 of the cuts could come from HP’s enterprise services group, and several thousand of the workers affected by the possible layoffs may be offered early-retirement packages. HP confirmed in March that it would undergo a major reorganization that would see its Personal Systems Group merge with its Imaging and Printing Group, but it did not announce any wide-scale layoffs at that time. The struggling vendor will report its results for the second fiscal quarter next Wednesday.

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Zach Epstein

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content.

Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment. His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.