HP to Lay Off Up to 2000 Employees Amid US Tariff Impact on Profits

February 28, 2025 – HP Inc. released its second-quarter profit forecast yesterday, revealing figures that fell short of market expectations. The company attributed the lower-than-expected profits to “increased component costs and tariffs imposed by the US authorities.” According to HP, earnings per share for the second fiscal quarter ending in April are expected to range…

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Dell to Slash Jobs Again in 2024 to Boost Profit Margins

September 11, 2024 – Dell has announced plans to continue its cost-cutting measures by implementing further layoffs this year. The company stated that due to external hiring practices, job reorganizations, and other constraints, it expects a “continued reduction in headcount” for the fiscal year ending in February 2025. Dell revealed that it is aggressively expanding…

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