IBM, HP announce major job cuts

Tech behemoths IBM and HPE have announced a slew of job and salary cuts in an attempt to control the damage caused by the COVID-19 pandemic. 

While the exact number of layoffs is unknown, a MarketWatch report suggests that it is likely to be in the thousands. In a bid to cut costs by $1bn this year, HPE has unveiled drastic salary cuts as well.

Source Article

Frederic M. Kolodziej

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