Submitted by Guilty-Ham t3_z6uil3 in wallstreetbets
VisualMod t1_iy35rbf wrote
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^^WSB ^^Stats ^^Discord ^^BanBets ^^VoteBot ^^FAQ ^^Leaderboard ^^- ^^Keep_VM_Alive >TL;DR: HP is planning to lay off up to 6,000 employees over the next three years as part of a restructuring plan. The majority of the layoffs will take place in the 2023 fiscal year. This comes during a tough time in the tech industry, as pandemic-induced demand for software and devices cooled in 2022.
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