Final Note

HP announces layoffs, Facebook to NYSE?

Kai Ryssdal May 23, 2012
HTML EMBED:
COPY
Final Note

HP announces layoffs, Facebook to NYSE?

Kai Ryssdal May 23, 2012
HTML EMBED:
COPY

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.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.