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HP reduces drastically employees
10-04-2019, 11:38 AM
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HP reduces drastically employees
No good news, just read (translated from German to Englisch by Google ):

————-(@ ARD Tagesschau, 04.10.2019)

The new head of computer group HP will take office in November. But already he announced that up to 9000 employees have to leave for cost reasons.

The computer and printer manufacturer HP wants to delete about every sixth job in the group. As part of the restructuring plan for the fiscal year 2020 between 7000 and 9000 jobs should be reduced, the company said. HP currently employs approximately 55,000 people worldwide.

Through the announced cuts, the company wants to save by the end of the fiscal year 2022 around one billion dollars a year, said the future boss Enrique Lores. The reorganization of the group should be completed by then. HP should focus more on services in the future.
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HP reduces drastically employees - Thott - 10-04-2019 11:38 AM

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