HP Inc. and Hewlett Packard Enterprise Inc. agreed to pay up to $18 million to settle a collective action accusing the companies of shedding thousands of older workers in a restructuring plan promoted by former top executive Meg Whitman.
The Hewlett-Packard Co. spinoffs’ settlement agreement would pay the former employees at least $15,000 in exchange for releasing claims against the company, according to the worker’s request for court approval of the deal filed Thursday.
The settlement is poised to resolve a seven-year-old lawsuit in the US District Court for the Northern District of California alleging the companies violated state and ...
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