HP revenues plunge as enterprise budgets tighten

The PC and print vendor, which plans to axe 6,000 jobs over three years, blamed 'industry-wide headwinds'

Kelsey Rees
clock • 3 min read
HP revenues plunge as enterprise budgets tighten

HP Inc. reported a loss in its fiscal 2023 Q1 with CEO Enrique Lores pointing the finger at "industry-wide headwinds". He said corporate budgets being tightening has started to impact large ente...

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