HP to slash 7,000 to 9,000 jobs over three years as part of major restructuring

Posted by & filed under Decision Making, Organizational Behavior, Strategy.

Description: Incoming CEO Enrique Lores and CFO Steve Fieler lay out a financial road map for the company’s fiscal year 2020

Source: MarketWatch.com

Date: Oct 04, 2019

Link: https://www.marketwatch.com/story/hp-to-slash-7000-to-9000-jobs-over-three-years-as-part-of-major-restructuring-2019-10-03?siteid=yhoof2&yptr=yahoo

Questions for discussion:

  • Summarize the restructuring plans detailed in the article.
  • What is driving these decisions?
  • Have investors responded positively?