The job cuts, which amount to 7.5 percent of the company's workforce, will come over the next three years. The restructuring program is expected to save it $1.8 billion annually.
Mark Hurd's abrupt departure from HP over fake expense reports and a relationship with an employee is the second major scandal on his watch in his five-year tenure at HP.
Follow the companies that are shedding workers with this live layoff tracker, which we'll continue to update as more news surfaces.
Taking his place will be Joe Eazor, a current EDS senior vice president, who will report to Ann Livermore, head of HP's business technology unit.
Amid a "hiring chill" in Redmond, CNET News checked in with other big tech giants on their personnel plans.
The CTO of Hewlett-Packard's consumer group looks to squelch rumors sparked earlier this week about the fate of its Voodoo PC unit.
At the Web 2.0 Expo in New York, just a stone's throw from the turmoil on Wall Street, it was hard not to notice the financial-industry meltdown.
The crisis in the banking sector is likely to have a chilling effect on technology deals, but Google is bullish on its prospects. Also: video games render digital divide nonexistent.
PC company declines to give specifics, but says this quarter is reflecting the same conservative IT spending witnessed in the second quarter.
Hewlett-Packard claims to be interested in customer innovation, but its stance toward open source doesn't bear this out.