Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62.02 - Computer consultancy activities

9,000 jobs
Number of planned job losses
Job loss
6,000 jobs
Number of planned job creations
Job creation
Announcement Date
1 June 2010
Employment effect (start)
Foreseen end date
1 June 2013

Description

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

Citation

Eurofound (2010), Hewlett-Packard, Internal restructuring in World, factsheet number 70623, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70623.