Internal restructuring
European Union
Location of affected unit(s)
Germany and other European countries
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62 - Computer programming, consultancy and related activities

8,000 jobs
Number of planned job losses
Job loss
Announcement Date
23 June 2012
Employment effect (start)
Foreseen end date
31 December 2014


Hewlett-Packard, an American multinational hardware and software corporation, is planning to cut up to 8,000 positions across Europe, 1,000 of them in Germany.

In May, the company announced its plan to lay off 27,000 workers worldwide, about 8 per cent of its current workforce of more than 300,000 workers.

HP says that these job reductions would be made mainly through early retirement. The company claims to use cost savings from planned job cuts to drive organic growth.


  • 23 June 2012: WirtschaftsWoche


Eurofound (2012), Hewlett-Packard, Internal restructuring in European Union, factsheet number 73778, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73778.