HP to Cut 24,600 Jobs In Wake of EDS Buy

摘要

Hewlett-packard Co. last week said it plans to shed 24,600 jobs as part of a restructuring following its acquisition of Electronic Data Systems Corp. HP announced the layoffs on the same day the stock market nose-dived, a major investment bank failed and the financial services industry appeared set to cut jobs by the tens of thousands. "That was a tough day on Wall Street," said HP chairman and CEO Mark Hurd in a conference call with financial analysts, in which he worked hard to assure them that HP will act quickly to integrate EDS.