Hewlett-Packard

Type
Internal restructuring
Country
Belgium
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
265 jobs
Number of planned job losses
Job loss
Announcement Date
17 October 2012
Employment effect (start)
30 November 2012
Foreseen end date
30 June 2013

Description

Hewlett-Packard Belgium announced its intention to cut 265 jobs, 13% of its workforce is Belgium.

The management justifies the worldwide restructuring measures by decrease in profits and global market decline. The group already announced its intention to cut 29,000 jobs worldwide.

According to the trade unions, the company has to carry social responsibility and enter negotiations in order to reduce the number of job losses.

The implementation of the collective redundancy procedure should start in the next few days.

Sources

  • 18 October 2012: Le Soir
  • 17 October 2012: RTBF.be

Citation

Eurofound (2012), Hewlett-Packard, Internal restructuring in Belgium, factsheet number 74354, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74354.