Wednesday, 01 January 2014 - 19:19
Hewlett - Packard and Revlon job cuts announced
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.