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Technology Stocks : Apple Inc.
AAPL 272.24+0.5%Dec 23 3:59 PM EST

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From: Moonray5/23/2012 10:08:57 AM
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Ahead of the Bell: Mass layoffs looming at HP

Hewlett-Packard expected to announce major job cuts along with fiscal 2nd-quarter earnings

SAN FRANCISCO (AP) -- Hewlett-Packard Co. is expected to announce deep cuts in its workforce Wednesday afternoon
when the world's largest personal computer and printer maker is scheduled to release its latest quarterly results.

The payroll purge could lay off 25,000 to 35,000 workers, based on recent media reports that quoted unnamed people familiar
with HP's plans.

finance.yahoo.com

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