HP Inc expects 3,000 to 4,000 employees to exit between fiscal 2017 and fiscal 2019, according to a Thursday filing.
The stock was last down about 2 percent in extended trading.
The company's board said the restructuring plan is expected to save $200 million to $300 million beginning in fiscal 2020. It also expects about $350 million to $500 million in restructuring costs and other charges.
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