Hewlett Packard to cut costs by $1 bln, reduces CEO pay by 25% on pandemic woes
May 21, 2020 at 16:35 PM EDT
Hewlett Packard Enterprise on Thursday unveiled a plan to cut costs by at least $1 billion by 2022 and said it would reduce the base salary of its chief executive officer by 25%, in response to the impact of the COVID-19 pandemic.
