HP to Lay Off 6,000 Employees in Next Three Years in Cost Cutting Plan
PC-maker Hewlett Packard on Tuesday said it would layoff as many as 6,000 employees over the next three years as the slumping world economy continues to embroil the US tech sector.HP, which has a payroll of about 61,000 people, said it aimed to secure $1.4 billion (roughly Rs. 11,447 crore) in annual savings through 2025 as it followed the cost-cutting path of other tech giants such as Facebook-owner Meta, Amazon and Twitter.The plan "will enable us to better serve our customers and drive long-term value creation by…