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HP Inc. May Remove 5,000 Jobs as It Restructures

Rachel Gunter
HP Inc. May Remove 5,000 Jobs as It Restructures

HP Inc. (HPQ) is continuing its restructuring plan that its board approved in 2016, and several thousand jobs are on the line. HP Inc. earlier estimated that its restructuring would result in the removal of around 4,000 jobs. HP Inc. is estimating about $700.0 million in pretax charges related to the job cuts, up from $500.0 million it estimated previously.