How Will Widespread Tech Layoffs Impact Next Year’s Job Market? [Forbes]
HP Inc. (HPQ)
Last hp inc. earnings: 2/24 04:05 pm
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Source: Forbes
Widespread layoffs in the tech industry have shifted us back into the unprecedented times we thought... [+]were only reserved for pandemics.gettyJust when it seemed as though the economy could not get any worse, the most wonderful time of the year turned into the 12 days of tech layoffs.Leading the movement like Rudolf through the night is none other than Elon Musk, who has rattlednews headlinescorporate tech giantsThe caliber of these layoffs will vary widely by company — Meta announced it will let 11,000 employees go, a figure roughly comprising 13% of its total staff, while Cisco says it will drop 4,100 workers (5% of staff). These pink slips may pale in comparison to the drastic measures Musk has taken to restructure Twitter’s staff and company culture, but they lead to the same outcome: thousands of highly educated and well-paid employees will soon be out of a job, looking for work in an industry that doesn’t seem to be hiring anytime soon. To risk reincarnating a phrase kindled
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HPQ
News
- HP Launches its Largest Portfolio of AI PCs in AustraliaPR Web
- Why Awe Is Your Secret Weapon For Better Leadership [Forbes]Forbes
- Cisco debuts new AI-focused security system after $28 billion deal to buy Splunk [MSNBC.com]MSNBC.com
- Why You Should Try To Convince Candidates Not To Take The Job [Forbes]Forbes
- HP Unveils Canadian Cohort for 2024 Digital Equity Accelerator Program [Yahoo! Finance]Yahoo! Finance
HPQ
Earnings
- 2/28/24 - In-Line
HPQ
Sec Filings
- 4/19/24 - Form 8-K
- 4/3/24 - Form 4
- 3/26/24 - Form PX14A6G
- HPQ's page on the SEC website