HP expects to cut 58,000 jobs by end of fiscal 2015 | Hacker News

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		HP expects to cut 58,000 jobs by end of fiscal 2015 (twitter.com/ransquawk)
		2 points by randomname2 on Feb 25, 2015 \| hide \| past \| favorite \| 1 comment

randomname2 on Feb 25, 2015 [–]

44,000 already fired, and all this to continue to fund its now exponential surge in stock buybacks, which in the just concluded quarter was a record $1.6 billion, an increase of 178% from a year ago.

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