More tech layoffs hit Bay Area, as HP, Autodesk announce job cuts
Another round of layoffs hit the Bay Area's volatile tech industry. HP Inc. plans to lay off up to 2,000 more employees as the company looks for ways to slash costs amid economic uncertainty and eyes more investments in artificial intelligence.
HP CEO on Job Cuts, Manufacturing Plans and AI
Joining us now is Enrique Alvarez, HP CEO, as well as here on the desk with me, co-host of Bloomberg Technology Caroline Hyde. Enrique, let me first ask you about these job cuts. You're going to cut 2000 workers or as many as 2000 workers to save $300 million a year.
HP to Trim Up to 2,000 More Jobs in Expanded Cost-Cutting Push
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HP cuts 2,000 jobs, cites tariff concerns affecting earnings
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