Personal computer maker HP Inc said on Thursday it will cut about 7,000 to 9,000...
The logo for The Hewlett-Packard Company is displayed on a screen on the floor of the New York Stock Exchange in New York, U.S., June 27, 2018. REUTERS/Brendan McDermid
HP estimates that the plan will result in annualized gross run rate savings of about $1 billion by the end of fiscal 2022, it said. HP expects to incur labor and non-labor costs of about $1 billion in connection with the restructuring, it added.
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