https://apnews.com/e941d59f132146db892d15f41cb56e25

SAN FRANCISCO (AP) — HP Inc.’s new CEO has unveiled the company’s latest plan to streamline its operations — one that envisions cutting its workforce by as much as 16% over the next three years.

The personal computer and printer maker says it expects to drop 7,000 to 9,000 people from its global workforce of about 55,000 by 2020. It expects the moves to save it about $1 billion a year by the end of its 2022 fiscal year.