Type
Internal restructuring
Country
Netherlands
Region
Location of affected unit(s)
Utrecht, Amstelveen
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62 - Computer programming, consultancy and related activities

350 jobs
Number of planned job losses
Job loss
Announcement Date
15 September 2005
Employment effect (start)
Foreseen end date

Description

U.S. computer group Hewlett-Packard will cut 350 of its 2,600 jobs in the Netherlands. The move is part of HP's restructuring programme announced in July 2005 envisaging 14,500 job cuts, or 10% of the group's workforce. A bit less than half of the redundant employees work exclusively for the Dutch market, the rest are engaged in cross-border projects. Most of the jobs in the Netherlands will be cut at the company's offices in Utrecht and Amstelveen. Some jobs will be transferred, others will be cut through natural attrition. For the remaining redundant employees a social plan will be set up.


Sources

  • 15 September 2005: Het Financiele Dagblad

Citation

Eurofound (2005), Hewlett-Packard, Internal restructuring in Netherlands, factsheet number 62370, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62370.