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HP to cut 2,000 more jobs, rolls out four new computers

September 10, 2012|By Salvador Rodriguez
  • Hewlett-Packard announced 2,000 more job cuts Monday.
Hewlett-Packard announced 2,000 more job cuts Monday. (Paul Sakuma/Associated…)

Hewlett-Packard said it will slash 2,000 more jobs as the technology giant unveiled a bundle of new computers.

In a regulatory filing, the Palo Alto tech company revealed it now plans to cut 29,000 jobs by October 2014, according to a report by the Associated Press. Previously, the company had said it planned to cut 27,000.

The additional job cuts come a month after HP suffered the largest loss in its 73-year history, according to the report. HP said it expects to record charges of $3.7 billion mainly for the job cuts, up from a previous estimate of $3.5 billion.

At the same time as the job cuts announcement, the company also introduced four new computers.

The company said it will release the touchscreen HP ENVY 23 TouchSmart and HP ENVY 20 TouchSmartstarting next month. The ENVY 23 goes for $999 and features a 23-inch screen while the ENVY 20 will sell for $799 and features a 20-inch screen.

HP also said it will come out with the HP SpectreOne in November for $1,299. The company said the SpectreOne is 11.5 millimeters thin, making it HP's slimmest all-in-one PC.

Additionally, HP will release the HP Pavillion 20 economical PC for $449.

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