Hewlett-Packard said it was ending pay cuts.
The computer and electronic instrument maker reported that it is restoring full pay to about 29,000 workers whose salaries had been reduced 5% in 1985. Earlier this week, the Palo Alto company also told securities analysts that it is beginning to rehire laid-off workers and that it intends to introduce its Spectrum minicomputer next month.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
