With Greece on the brink of quitting the Eurozone, the world's economy does not seem to be any rosier despite recent austerity measures that were taken. Unless you are Apple with a crazy stock capitalization, chances are your bottomline is also being badly affected, and even behemoths like HP is said to be working on a workforce reduction by 25,000 to 30,000 people, at least according to folks who are familiar with HP's inner wheelings and dealings. These cuts were tipped to be part of the recent decision by top management to merge a couple of its business units, hence making redundant the number of employees by approximately 8%.
Ubergizmo, HP to slash 25,000 jobs?