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."

Join ST's Telegram channel and get the latest breaking news delivered to you.