HP To Jettison Up To 30,000 Jobs As Part of Spinoff

An anonymous reader writes: Hewlett-Packard says its upcoming spinoff of its technology divisions focused on software, consulting and data analysis will eliminate up to 30, 000 jobs. The cuts announced Tuesday will be within the newly formed Hewlett Packard Enterprise, which is splitting from the Palo Alto, California company’s personal computer and printing operation. “The new reductions amount to about 10 percent of the new company’s workforce, and will save about $2.7 billion in annual operating costs.” The split is scheduled to be completed by the end of next month. “The head of the group, Mike Nefkens, outlined a plan under which it is cutting jobs in what he called ‘high-cost countries’ and moving them to low-cost countries. He said that by the end of HP Enterprise’s fiscal year 2018, only 40 percent of the group’s work force will be located in high-cost countries.” Read more of this story at Slashdot.

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HP To Jettison Up To 30,000 Jobs As Part of Spinoff

Server Farms Flourish In Iowa: Microsoft Plows $700M More Into Des Moines

1sockchuck writes “A big chunk of the Azure cloud will be living on the plains of Iowa. Microsoft will invest another $700 million to expand its Iowa data center campus near Des Moines, marking the third major server farm for the state this year. Facebook recently announced a new data center in Altoona. The same day, Google said it would put another $400 million into its facility in Council Bluffs. Why Iowa? Aggressive tax incentives and a central location to bridge the distance between these companies’ east and west coast server footprints.” Read more of this story at Slashdot.

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Server Farms Flourish In Iowa: Microsoft Plows $700M More Into Des Moines