DV Hardware - bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!

   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
 
DarkVision Hardware - Daily tech news
November 19, 2018 
Main Menu
Home
Info
News archives
Articles
Howto
Reviews
 

Who's Online
There are currently 205 people online.

 

Latest Reviews
Arctic BioniX F120 and F140 fans
Jaybird Freedom 2 wireless sport headphones
Ewin Racing Champion gaming chair
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset
Lamptron FC-10 SE fan controller
 

Follow us
RSS
 

HP to lay off up to 30,000 employees, 10% of its workforce

Posted on Wednesday, September 16 2015 @ 11:11:35 CEST by


HP logo
Next month HP is expected to complete its split, a move that will divide the company in a HP Inc focused on PCs and printers and an enterprise services focused Hewlett-Packard Enterprise. Today HP announced the upcoming spinoff will result in the elimination of up to 30,000 jobs, about 10 percent of the company's global workforce.

The restructuring will cost around $2.7 billion but HP cleams it will lead to savings of $2.7 billion a year. Most of the job cuts will be made in the Enterprise Service division and Mike Nefkens, the group's head, said the goal is to have 60 percent of the workforce in countries with low labor costs by 2018.
These cuts come on top of some 55,000 already let go by Meg Whitman in a series of cuts that started in 2012 at a total cost of around $5.5 billion, for a total of 85,000 lost jobs under her reign. Whitman will become president and CEO of Hewlett-Packard Enterprise, and chairperson of the board of HP Inc. The goal of the split is to produce two companies that are "simpler and more nimble." While that remains to be seen, the new companies will certainly be smaller.
Via: ARS Technica



 



 

DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2018 DM Media Group bvba