Submission + - HP to cut 30,000 jobs (nytimes.com)
Axolotl_Rose writes: Hewlett-Packard’s chief executive, Meg Whitman, plans to cut 30,000 or more jobs next week, according to officials familiar with the plan. Her goal, they said Thursday, is to spend the money she saves on increasing the efficiency of the company’s sales force and on creating new products.... ...China, which is one of H.P.’s highest growth areas, will probably be spared, as will its research and development efforts.