Hewlett-Packard, Revlon Announce 1,000’s Of Job Cuts

Hewlett-Packard Company (NYSE:HPQ) and cosmetic firm Revlon Inc (NYSE:REV) have announced end of year job cuts of thousands of workers.

In its regulatory filing, computer maker Hewlett-Packard Company (NYSE:HPQ) said it would cut 5,000 more jobs than planned earlier.

HP to slash 11% of its workforce

Computer major Hewlett-Packard Company (NYSE:HPQ) said it would cut 5,000 more jobs making the total layoffs 34,000, representing 11% of its workforce. The company had about 317,500 employees as of October 31.

In its regulatory filing, Hewlett-Packard Company (NYSE:HPQ) indicated it would record a charge of $4.1 billion in 2014, up from...