EMCC European Monitoring Centre on Change

Hewlett-Packard

Company/Organisation:
Hewlett-Packard

Geographic Location

Country: World

Company

Sector: Information / communication
IT and other information services
62.02 - Computer consultancy activities
Number Employed: 300000

Employment Effects

Announcement Date: 01-06-2010
Planned Job Reductions min: 9000
Planned Job Reductions max: 9000
Type of Restructuring: Internal restructuring
Foreseen End Date: 01-06-2013
Planned Job Creation: 6000
Other Job Reduction Measures: 9000

Additional Information

On 1 June 2010, Hewlett-Packard (300.000 employees worldwide) announced to cut 9000 jobs in its business-to-business division over the next three years and recruit, at the same time, 6000 employees in sales and delivery. The aim is to modernise commercial data centres and increase the range of services to clients. Management said HP will cut jobs by means of « natural departure » and intends to avoid compulsory redundancies.

Sources:

01-06-2010The Financial Times

Sources Links:

www.ft.com/cms/s/2/a48be92c-6d7f-11df-bde2-00144feabdc0.html