Hewlett-Packard

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Information / Computing
62 - Computer programming, consultancy and related activities
62 - Computer programming, consultancy and related activities
62 - Computer programming, consultancy and related activities
6,400 jobs
Number of planned job losses
Job loss
Announcement Date
20 May 2009
Employment effect (start)
Foreseen end date
31 May 2010

Description

Hewlett Packard (HP), one of the world leaders in technology industry, is to cut 6,400 jobs by May 2010. According to the company, the cost-saving plan is mainly due to the economic crisis and to the uncertainty regarding the future. HP has around 320,000 employees in more than 170 countries around the world.

For further information, see the EIRO report.

Sources

  • 21 May 2009: Il Sole 24 Ore

Citation

Eurofound (2009), Hewlett-Packard, Internal restructuring in World, factsheet number 68949, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/68949.