HP India may cut 500 jobs, say analystsThe company last week said it would let go 7,000-9,000 employees globally by 2022 as part of a restructuring of operations intended to cut ...
HP to lay off 30k, impact in India to be minimalThe latest round of lay-offs will mostly be in HP's corporate hardware and services operations, to be spun off as HP Enterprise, or HPE.
'The pay is about half of what I make,' says HP employee told to take a new job or be firedThroughout 2015, Whitman has told investors she is stabilizing the unit and has promised to bring margins up to 7per cent - 9 per cent.
HP cutting another 5% from its workforce, layoffs involve new job offer in lieu of severanceSome HP employees in the HP Enterprise Services business unit are being offered jobs at a different consulting company in lieu of severance.
Hewlett-Packard to cut up to 16,000 more jobsThe new cuts announced recently by Hewlett-Packard come on top of 34,000 jobs that HP planned to slash under a programme started in 2012.
HP announces another 5,000 layoffs, for a total of 34,000It will be cutting another 5,000 jobs above and beyond the 29,000 jobs it had previously targeted.
Ten global companies cut one lakh jobs in 2012; HP tops the listThe technology giant Hewlett-Packard tops the chart of corporate job cuts with its announcement in May to axe 27,000 jobs to save up to $3....
HP won’t lay off in India; may add to workforce in long term: Meg WhitmanWhitman told ET that HP was bullish on India and her visit to India in her first year on the job is a sign of HP's commitment.
- General Motors likely to cut outsourcing from 90% of its IT budget to only 10%
Analysts and outsourcing advisers said while IBM, HP and CapGemini are among the largest vendors for GM, India-based vendors include TCS an...
MNCs announce 71,000 job cuts globally by more than a dozen multinationalsCompanies to have confirmed massive job cuts include HP, Nokia, Sony Corp, Yahoo, PepsiCo, Royal Bank of Scotland and airline firm Lufthans...
- US CEOs see several obstacles to growth as jobless rates rise
CEOs from General Motors (GM) to Hewlett-Packard (HP) to Manpower say they are concerned about the health of the US economy.
Hewlett-Packard may trim as many as 30,000 jobs: ReportHewlett-Packard plans to slash up to 30,000 jobs in the coming months, which would be one of the biggest layoffs in American corporate hist...
Hewlett-Packard mulls cutting up to 30,000 jobsThe job cuts, which could include retirements, are under discussion but have not yet been finalized, several people familiar with the situa...
- Hewlett-Packard to cut 9000 jobs; see $1 bn in charges
HP to spend $1 bn to boost business services. Expects to take $1 bn charge over time, half in Q3. To cut 9,000 jobs; expects to rehire 6,00...
- MphasiS serves pink slips to 200 at Bangalore centre
Majority of the employees affected were on the bench while some received the pink slips ostensibly on performance-related grounds. Coming t...
- Europeans protest against HP layoffs
Trade Unions seem to have suddenly become active in the IT industry. Trade unions and workers in HP and EDS across Europe are challen ging ...
- HP surprises Wall Street with size of EDS job cuts
HP laid out its plans on Monday for integrating EDS with 24,600 job cuts over the next three years, nearly 8 per cent of HP's 320,000-emplo...