Hewlett Packard Enterprise Co. plans to cut its workforce by 10%, according to a person familiar with the plans, the latest cost cuts as the business-technology giant combats increasing competition and higher component prices. The cuts, which will trim about 5,000 jobs, are to start by the end of this year. They could be a prelude to more layoffs, the person said, as HP Enterprise continues its HPE Next initiative, a three-year plan...

Source: Wall Street Journal September 22, 2017 03:11 UTC