Forbes Earnings Preview: Hewlett-Packard Analysts expect decreased profit for Hewlett-Packard (HPQ) when the company reports its second quarter results on Wednesday, May 23, 2012. Although Hewlett-Packard reported profit of $1.24 a year ago, the consensus estimate calls for earnings per share of 91 cents.
Hewlett-Packard considers cutting 25,000 jobs Hewlett-Packard is considering cutting as many as 25,000 jobs, or 8 percent of its workforce, to reduce costs and help the company contend with ebbing demand for computers and services, people briefed on the plans said....