HP Inc. (HPQ) Q4 2022 Earnings Call Transcript

08:19pm, Tuesday, 22'nd Nov 2022
HP Inc. (NYSE:HPQ ) Q4 2022 Earnings Conference Call November 22, 2022 5:00 PM ET Company Participants Orit Keinan-Nahon - Head, Investor Relations Enrique Lores - President & Chief Executive Officer
Computer maker HP Inc. said Tuesday the company has plans to reduce its workforce by 4,000 to 6,000 employees by the end of fiscal 2025. The company employs over 50,000.
Cramer spoke with HP Inc CEO Enrique Lores on Tuesday.
The restructuring comes at a time when most companies including Amazon, Facebook's parent Meta Platforms and Cisco Systems are making deep cuts to their employee base to navigate a potential downturn

HP (HPQ) Q4 Earnings and Revenues Top Estimates

06:49pm, Tuesday, 22'nd Nov 2022
HP (HPQ) delivered earnings and revenue surprises of 1.19% and 1.16%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?

HP to Cut Up to 6,000 Jobs Amid PC Sales Drop

06:21pm, Tuesday, 22'nd Nov 2022
The computing giant's layoffs come amid staff cuts at large tech companies including Facebook, Google and Twitter.

HP says it will lay off up to 6,000 workers

06:10pm, Tuesday, 22'nd Nov 2022
HP Inc. announced on Tuesday that it will lay off thousands of workers over the next three years, becoming the latest tech company to significantly downsize staffing amid a souring economic climate.
Yahoo Finance Live anchor Seana Smith highlights which stocks to watch in after-hours trading.
Yahoo Finance's Jared Blikre breaks down HP Inc.'s fourth-quarter earnings results, which were a beat but warned of job cuts by 2025.
Forbes is tracking the biggest layoffs in the U.S. this year as companies react to fears of a looming recession.
HP edged above Wall Street's targets for its fiscal fourth quarter but missed with its earnings guidance. The post HP Narrowly Beats Quarterly Targets Amid PC Sales Slump appeared first on Investor's
HP laying off 4,000-6,000 employees globally over the next three years
HP also announced a 5% increase to its quarterly dividend.
HP Inc. executives announced plans to cut roughly 10% of their workforce in the coming years while issuing weaker-than expected earnings guidance Tuesday, with the computer maker's chief executive cit
Dell Technologies' (DELL) third-quarter fiscal 2023 results reflect sluggish PC demand, hurting Client Solutions Group business.
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