Hewlett Packard to cut costs by $1 billion, reduces CEO pay by 25% on pandemic woes

May 21, 2020 admin Business News Comments Off on Hewlett Packard to cut costs by $1 billion, reduces CEO pay by 25% on pandemic woes

Hewlett Packard Enterprise on Thursday unveiled a plan to cut costs by at least $1 billion by 2022 and said it would reduce the base salary of its chief executive officer by 25%, in response to the impact of the COVID-19 pandemic.

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Source:: Reuters – Business News