HP India to cut 500 jobs
By MYBRANDBOOK
HP has announced that it would let go 7,000-9,000 employees globally by 2022 as part of a restructuring of operations intended to cut costs. HP may cut nearly 500 jobs in India as part of its global restructuring plan.
HP India would be impacted by the cost savings plan. Also PC growth was slowing in the country, owing to which this decision has to be taken. They have discontinued some models, aside from government project orders which are not consistent.
Currently, the company has about 55,000 employees across the world. HP has not disclosed the number of job cuts in India though. But it is doubted that there will be job cuts here.
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