Hewlett-Packard (HP) on Job Cutting

[pioneer]

Hewlett-Packard (HP) says it plans to spend $1bn (£686m) and shed 9,000 jobs over three years as it creates fully-automated commercial data centres.

HP, the world's largest technology company by sales, says the job cuts will be the result of productivity gains and automation.

HP said the resulting "next-generation services" would benefit clients.

The firm said it would record a $1bn financial cost charge in the course of its 2013 financial year.

[statesville]

Sad, more lay-offs, kaping-it na gyud sa economy