The well-known consumer electronics manufacturer HP announced plans to cut in the next three years to 4000 jobs because of the continued stagnation of the market of personal computers and printers.

REUTERS / Jim Young

Back in February, HP inherited from Hewlett-Packard Co hardware business, he said the acceleration of the implementation of the restructuring program and the reduction of 3,000 jobs by the end of 2016 financial year.

Executive Director HP Weiler Dion (Dion Weisler) announced continued market volatility influenced by uncertainty. “ Our main markets are tested for strength and macroeconomic situation is constantly changing “, – said Weiler


expects the HP 2017 fiscal year adjusted profit of $ 1.55 within $ 1 65 per share, which coincides with the average forecast of analysts polled by Thomson Reuters I / B / E / S, was $ 1.61 per share.

According to research firm Gartner, global PC shipments declined in the third quarter of 2016 by 5.8%. Falling PC shipments continued the eighth consecutive quarter. As noted by Gartner analysts, this is the longest downturn in the market in the history of the computer industry.