16 per cent to go

Maker of expensive printer ink HP has announced it is culling 16 percent of its workforce as part of a restructuring plan aimed at cutting costs.

Can't afford new staff

The company which has more money than it knows what to do with, is not hiring any more people to take money from those with more money than sense.

Restructures business

Troubled Taiwanese manufacturer HTC has laid off 1,500 members of its staff as it continues to restructure its business.