HP announces layoffs, Facebook to NYSE?

The NASDAQ board in Times Square advertises Facebook which debuted on the NASDAQ on May 18, 2012 in New York.

This final note on the way out, just to close the loop on a couple of stories we've been following.

As predicted, Hewlett-Packard did indeed announce huge layoffs today -- 27,000 people, about 8 percent of its total workforce. CEO Meg Whitman says it'll save the company something more than $3 billion.

Also, Facebook. Get a load of this: There are reports out today -- three or four of them -- saying Facebook's talking to the New York Stock Exchange about moving its listing over there after Nasdaq blew the IPO.

About the author

Kai Ryssdal is the host and senior editor of Marketplace, the most widely heard program on business and the economy in the country.

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