PALO ALTO, California: Hewlett-Packard, which is nearly done laying off 34,000 workers, announced Thursday that it plans to trim its ranks by an additional 11,000 to 16,000 employees.
The Palo Alto technology giant began laying off the 34,000 workers in 2012 and was planning to complete those cuts by October. But in a statement accompanying its fiscal second-quarter earnings, HP said more job reductions are needed. The company has about 317,500 employees worldwide, according to its most recent annual report.
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