(Corrects last graph to "by $3 billion" from "to $3 billion")
Oct 13 HP Inc, the hardware business of
former Hewlett-Packard Co, said it expects to cut about 3000 to
4000 jobs over the next three years.
The company now expects adjusted profit for fiscal 2017 to
be $1.55-$1.65 per share. Analysts on an average had expected
$1.61 per share, according to Thomson Reuters I/B/E/S.
HP also said it is increasing its share repurchase program
by $3 billion.
(Reporting by Rishika Sadam in Bengaluru; Editing by Shounak