Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

HP Reportedly To Lay Off 275 Employees From WebOS Division - Quick Facts

RELATED NEWS
Trade HPQ now with 

Hewlett-Packard Co. (HPQ: Quote) plans to cut about 275 jobs at its WebOS division, according to media reports. HP is working to redeploy employees affected by these changes to other roles at the company, reports stated.

"As WebOS continues the transition from making mobile devices to open-source software, it no longer needs many of the engineering and other related positions that it required before," reports stated, citing Mylene Mangalindan, a spokeswoman for the Palo Alto.

Click here to receive FREE breaking news email alerts for Hewlett-Packard Company and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Stocks moved sharply lower over the course of the trading day on Wednesday, adding to the modest weakness seen in the two previous sessions. With the losses on the day, the major averages fell to their lowest closing levels in over a month. Democrats have climbed into the lead on a generic ballot, according to the results of a new CNN/ORC International poll, although the results may not be as positive for the party as they first appear. With spending on private and public construction both showing notable decreases, the Commerce Department released a report on Wednesday showing an unexpected drop in U.S. construction spending in the month of August.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.