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So in February HP announced it would fire 58,000 just so the company could spend even more billions on stock buybacks. Since then, buyback activity has gone dow
by randomname2 11y ago
So in February HP announced it would fire 58,000 just so the company could spend even more billions on stock buybacks. Since then, buyback activity has gone down a bit and so they clearly needed to spend even more on buybacks.
But where get the money? Cutting 30k jobs is a start:
https://imgur.com/3MdRKqv https://imgur.com/3MdRKqv