Plus   Neg

Hewlett Packard Enterprise To Plan About 5,000 Job Cuts: Bloomberg

Hewlett Packard Enterprise Co. (HPE) plans to cut about 10% of its staff, or 5,000 workers, the Bloomberg reported, citing people familiar with the matter.

The reductions are expected to start before the end of the year, the report specified. The cuts at the company are likely to affect workers in the U.S. and abroad, including managers, the report added.

Hewlett Packard Enterprise representative didn't immediately respond to requests for comment.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Follow RTT