Hewlett-Packard Prepares To Announce Layoffs

May 18, 2012 12:00 AM
Hewlett-Packard Prepares To Announce Layoffs
" BOSTON (CBS) – As Facebook raises billions in investment, an old line technology company is getting ready to announce a major layoff.

Hewlett-Packard is preparing to announce up to 30,000 layoffs to offset dwindling demand for its products.

WBZ NewsRadio 1030′s Anthony Silva reports

Senior Managing Director Brian Marshall at International Strategy and Investment Group says HP is top heavy "

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