▲ Up
 
02:35 01-05-2017
MAIN АКИpress CA-News
ADVERTISE WITH US SUBSCRIBE
KazakhstanKyrgyzstanMongoliaTajikistanTurkmenistanUzbekistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
HP to cut an additional 11,000-16,000 jobs
14:39, 23 May 2014, 617

AKIPRESS.COM - Hewlett-Packard Hewlett-Packard reported earnings that met estimates, though revenue was just slightly below expectations.

The company also said it would cut an additional 11,000 to 16,000 jobs, the company said.

The extra cuts bring the total for its restructuring program to as many as 50,000.

The company posted earnings of 88 cents per share, excluding items, on revenue of $27.3 billion.

Analysts had expected the company to report earnings excluding items of 88 cents a share on $27.41 billion in revenue, according to a consensus estimate from Thomson Reuters.

The company also forecast third-quarter earnings of 86 cents to 90 cents per share, versus a Wall Street estimate of 89 cents per share.


Full access to all news articles in English

1 month2000 somsubscribe
year20000 somsubscribe
These subscription fees are for private individuals only. Please contact us via phone +996 (312) 900-776 or email info@akipress.org for corporate subscription inquiries
Twitterfacebookprint
© AKIpress News Agency - 2001-2017. All rights reserved
Republication of any material is prohibited without a written agreement with AKIpress News Agency. Any citation must be accompanied by a hyperlink to akipress.com.
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)90-07-75