HP to slash 24,000 jobs in global restructure

Each day seems to bring some pretty bad news at the moment. At the weekend it was Lehman Bros and now today it’s the news of big job cuts at technology giant HP. I know the reasons for the job losses are very different, HP is restructuring following a massive acquisition of EDS for a whopping £7.22bn .

However, for HP employees the reasons for redundancy are probably scant consolation, as losing your job is never a nice experience, however big the redundancy payout might be.

I have an awful feeling that we are moving into a deeper recession than many predicted.

Join the conversation

1 comment

Send me notifications when other members comment.

Please create a username to comment.

HP executive vice president Peter Blackmore called any comparison between HP's and Dell's software management strategies "apples and oranges."
Cancel

-ADS BY GOOGLE

SearchCIO

SearchSecurity

SearchNetworking

SearchDataCenter

SearchDataManagement

Close