The PC correction and slow growth in the U.S. economy have been a one-two punch to computing giant HP Inc (HPQ).
HP saw fiscal fourth-quarter sales fall 11.2% from a year ago, pushed lower by a 26% decline in the number of notebook computer units sold. Meanwhile, desktop unit sales fell 3% in the quarter and consumer printer unit sales fell 4% while commercial gained 5%.
HP also revealed a new $1.4 billion cost-cutting plan that will see it shed 4,000 to 6,000 employees by fiscal year…
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