Restructuring needed because market is changing so rapidly: HP's Whitman
September 16, 2015 at 09:06 AM EDT
On Tuesday, Hewlett-Packard announced it would cut 25,000 to 30,000 positions as part of its restructuring, which will split the company into two separate firms, one focused on enterprise services and one dedicated to its legacy hardware business. The layoffs come on top of 55,000 already announced cuts and would further reduce Hewlett-Packard's 300,000-...