Similar Stories to Hp To Cut Most Employees’ Salaries on Bing News

Hewlett-Packard Co. Chief Executive Officer Mark Hurd is targeting employee pay to ride out an economic slump he says will last the rest of the year.

BING NEWS:
  • Meta is cutting 5% of its workforce, or more than 3,600 employees
    Meta will cut about 5% of its workforce, focusing on getting rid of low-performing employees at the social media giant.
    01/14/2025 - 3:40 pm | View Link
  • Meta To Cut 5% Of Lowest-Performing Workers, Zuckerberg Braces For 'Intense Year': Reports
    Meta will cut thousands of employees in the latest move for the controversial company that owns platforms like Facebook and Instagram, according to reports. An internal memo sent to Meta workers said ...
    01/14/2025 - 3:40 pm | View Link
  • 'Year of intensity': Meta employees react to plans to cut low performers
    Mark Zuckerberg said Meta planned to make more extensive performance-based cuts." Staffers questioned how those would work.
    01/14/2025 - 6:39 am | View Link
  • Meta to cut 5% of employees deemed unfit for Zuckerberg’s AI-fueled future
    Bloomberg reviewed the internal memo explaining the cuts, which was posted to Meta's internal Workplace forum Tuesday. In it, Zuckerberg confirmed that Meta was shifting its strategy to "move out low ...
    01/14/2025 - 2:05 am | View Link
  • HP Layoffs Will Cut Up To 6,000 Jobs Over Three Years
    Palo Alto, Calif.-based HP had approximately 51,000 global employees as of December 2021, according to a regulatory filing. The company’s annual net revenue held at $63 billion in 2022 ...
    11/22/2022 - 8:31 am | View Link
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