HP to announce restructuring Tuesday (News.com)
News.com reports
that HP has announced restructuring and job cuts. "
[CEO Mark] Hurd is expected to announce sweeping cuts to HP's workforce as part of a plan to bring the company's costs more in line with its competitors. About 15,000 employees could lose their jobs, with HP's IT, sales and service divisions among the areas particularly hard hit, according to a source close to the company."