Hewlett-Packard To Split Into Two Companies

04:03

October 06, 2014

A sign is posted outside of the Hewlett-Packard headquarters on May 23, 2014 in Palo Alto, California. HP announced is splitting into two different companies. (Justin Sullivan/Getty Images)

Tech giant Hewlett-Packard is planning on splitting into two separate companies: one focused on selling personal computers and printers, and the other focused on corporate technology services.

The split is expected to happen in 2015, and it's part of a series of steps HP has taken in the past few years to cut costs and restructure, including eliminating tens of thousands of jobs.

Here & Now’s Robin Young talks to NPR’s senior business editor Marilyn Geewax about the split and its expected consequences.

Guest

Marilyn Geewax, senior business editor for NPR. She tweets @geewaxnpr.

This segment aired on October 6, 2014.