Hewlett Packard to cut 27,000 jobs May 24, 2012 - 10:14 AMT PanARMENIAN.Net - Computer giant Hewlett Packard will, as expected, put 27,000 of its people out of work while its profits for its latest financial quarter fell by a third while its revenues slipped by three percent, TechEye reports. The cuts mean HP is shedding eight percent of its total workforce. Although the results were, in general, none too rosy, surprisingly its PC division grew for its financial quarter, turning in revenues of $9.5 billion. HP’s software division grew by over 20 percent to $970 million on the back of its takeover of British company Autonomy. Its lucrative printer ink division showed a 10 percent decline for the quarter. Meg Whitman, the CEO of HP, described the worldwide as economy and signaled Europe out for particular attention. The company wants to put more of its efforts into cloud computing.   Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020."   Partner news Most popular in the section |  Latest news Turkey replacing term "Central Asia" with "Turkestan" in textbooks  The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
