The company also said an additional 6,400 workers, or 2 percent of HP’s 321,000-employee work force, will lose their jobs over the next year as part of HP’s digestion of Electronic Data Systems, a technology services provider HP bought for $13.9 billion last year to mount a bigger challenge to IBM Corp.
HP was already dumping 24,600 jobs as part of that acquisition before the extra cuts were announced Tuesday.
HP’s results, reported Tuesday after the market closed, muddies the picture of whether technology spending has fallen as far as it’s going to in this recession. HP’s outlook was not optimistic, and its shares fell in extended trading.
