The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
265 jobs Number of planned job losses
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74354.
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