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As part of its giant restructuring, H-P (HPQ +0.6%) says its enterprise service unit plans to...

  • Friday, February 1, 1:44 PM ET
    As part of its giant restructuring, H-P (HPQ +0.6%) says its enterprise service unit plans to shut down a Rüsselsheim, Germany facility and cut 1,100 jobs within the country. Altogether, H-P is planning to cut 29K jobs worldwide, with struggling Enterprise Services expected to see a disproportionate impact. Shares are following the market higher today as rival Dell reportedly moves closer to going private.
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