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HP to Cut Up to 4,000 Jobs Over Three Years Amid PC Slump

October 14, 2016

HP Inc. will cut about 3,000 to 4,000 jobs over three years to help bring costs in line with slumping demand in the market for computers and printers.

The company will eliminate positions across the board, Chief Executive Officer Dion Weisler said. The comments came Thursday during HP’s analyst meeting in New York. The reductions could include about 1,000 jobs being outsourced if the number of positions edges close to 4,000, Chief Financial Officer Cathie Lesjak said.

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