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Hewlett+-+Packard+and+Revlon+job+cuts+announced
Wednesday, 01 January 2014 - 19:19
Hewlett - Packard and Revlon job cuts announced
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Computer maker Hewlett-Packard and cosmetic firm Revlon have both announced end of year job cuts of thousands of workers.

In a filing with US regulators, HP said it would cut 5,000 more jobs than planned.

The firm now says it will eliminate 34 thousand positions, or 11% of its workforce, by the end of 2014.

Separately, Revlon announced plans to leave China and said it would cut 1,100 jobs.
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