Hewlett-Packard is planning to cut about 2,000 more jobs than it had previously announced, as CEO Meg Whitman tries to turn the company around.
On Tuesday, Lexmark said that it is getting out of the inkjet printing market. The announcement follows last week’s dismal earnings report from Hewlett-Packard, which some analysts blamed in part on poor sales of printers.
Hewlett-Packard says it suffered an $8.9 billion loss during its most recent quarter as the technology company accounted for an acquisition that hasn’t panned out the way management envisioned.
Computer maker Hewlett-Packard said it has won a big victory in its court battle to force Oracle to continue making software for one of its server lines.
The San Francisco Police Department will be sporting some new mobile technology thanks to a private-public partnership spearheaded by Mayor Ed Lee, that should keep officers out and about on the streets.
Hewlett-Packard plans to jettison 27,000 workers as the growing popularity of smartphones, the iPad and other mobile devices makes it tougher for the company to sell personal computers.
Published reports say Hewlett-Packard is poised to eliminate up to 30,000 jobs to help offset dwindling demand for personal computers as more people connect to the Internet on smartphones and tablets.
Hewlett-Packard Co. is showing signs of recovery as it strengthened its position as the world’s largest maker of personal computers and gained back some of the business it had lost while weighing whether to dump its PC division.
HP is the world’s No. 1 maker of personal computers. But consumers are buying fewer PCs in recent years as they increasingly turn their attention to tablets and smartphones.
Six companies have agreed to improve privacy protections for consumers who access the Internet through mobile apps