HP’s layoffs will exceed 55,000 people, CFO says


HP’s CFO Cathie Lesjak says the company will cut up to an additional 5% more people from its workforce than the 55,000 people it had planned to eliminate.

This is a long-running layoff that began in 2012 with an initial target of 25,000 jobs, but grew until the target became 55,000 people.

Now it’s grown again. Lasjak didn’t give a new total number although she said the additional job cuts won’t force HP to spend more on restructuring than it had planned.

Read more » Business Insider
See more » http://www.businessinsider.com/hp-layoffs-to-exceed-55000-people-2015-8

US warns Kremlin that Assad has no role in anti-IS fight

Moscow’s actions in Syria have raised concerns in Washington. US Secretary of State John Kerry has placed his third call in 10 days to his counterpart Sergei Lavrov.

Russia’s recent military buildup in Syria has left the Obama administration in a quandary as to how to respond. It has also complicated Washington’s efforts to both combat “Islamic State” extremists and help moderate rebels who are trying to oust Syrian President Bashar Assad.

Secretary of State John Kerry has called his Kremlin counterpart Sergei Lavrov to restate the US position after Russia’s President Vladimir Putin promised to maintain military support for Assad.

“Secretary Kerry made clear that Russia’s continued support for President Assad risks exacerbating and extending the conflict, and undermining our shared goal of fighting extremism,” said his office.

Read more » DW
See more » http://www.dw.com/en/us-warns-kremlin-that-assad-has-no-role-in-anti-is-fight/a-18716837?maca=en-rss-en-all-1573-rdf