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HP is preparing to cut 25 thousand people?
nineteen.05.2021 [14:45],
Vladimir Mironenko

According to the Bloomberg resource, citing information from an anonymous source, due to a decrease in demand for computers and services, Hewlett-Packard will face a large staff reduction, which may amount to about 8% of the company’s personnel, numbering about 320 thousand people – that is, about 25 thousand employees.

According to sources, discussions on a program for further restructuring of the company, including the reduction of staff, will take place next week on Wednesday at a conference dedicated to the quarterly results of HP.

In turn, the Business Insider resource claims that the reduction will affect 10-15% of HP personnel, that is, more than 30 thousand people will be laid off. However, informants of the resource AllThingsD, who are aware of the company’s plans, reassure the public that the reduction will occur in stages over the course of a year or even longer. Moreover, these figures can only be a guideline, which can be abandoned at any time if the situation changes for the better.

The reduction, first of all, may affect the group of corporate services (HP Enterprise Services), which has significantly reduced profitability in recent years. Sources claim that about 10-15 thousand people can be dismissed in this unit.

Related materials:

  • HP said it is returning to tablet production, but now based on Windows 8;
  • HP: we need to be as disruptive as Apple;
  • HP merges printer and PC divisions in restructuring.

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