Hewlett-Packard boosts planned job cuts to 55,000 in reorganisation

US tech giant Hewlett-Packard said on Monday, Oct 6, 2014, that its corporate reorganisation would slash a total of 55,000 jobs, at least 5,000 more than its latest estimate. -- PHOTO: AFP
US tech giant Hewlett-Packard said on Monday, Oct 6, 2014, that its corporate reorganisation would slash a total of 55,000 jobs, at least 5,000 more than its latest estimate. -- PHOTO: AFP

NEW YORK (AFP) - Hewlett-Packard said on Monday its corporate reorganisation would slash a total of 55,000 jobs, at least 5,000 more than its latest estimate.

The US tech giant, which also announced plans to split in two to achieve a sharper focus, said it had increased its prior estimate of 45,000 to 50,000 job losses "independent of the separation transaction."