Hewlett-Packard will lay off 1.5 million people pass next week officially announced

U.S. local time on July 14 (Beijing time on July 15), according to foreign media reports, insider familiar with the situation say the HP is accelerating development of our business restructuring plan, and is expected to announce a final decision this weekend. Sources said that after the implementation of the plan, HP will cut 15,000 staff posts.

Inside sources said the specific layoff plans will be announced next week. HP's new CEO Mark - Heard (Mark Hurd), said after taking office, through layoffs, it will be saved out of the expenditure is for product development, thereby strengthening the market competitiveness of HP products. During the last year, HP has been in storage and servers, printing and imaging departments in carrying out the layoffs. Earlier reports said it will cut 1.5 million HP in the future, insider news, Hewlett-Packard job cuts amount will be the final figure is the same. For these rumors, a representative of Hewlett-Packard declined to comment.

The sources also said that despite the large amount of HP's layoffs, but most of the staff of the Hart supportive. A source said: "HP employees that Hart was a capable leader. This shows that although Hart has just assumed office soon, they are able to get the praise and trust of employees." Market research firm Moors & Cabot Thursday Post forecasts the report, Hewlett-Packard job cuts could reach 2 million in total. Some Wall Street analysts had also said that HP's layoffs amount possible between 5000 to 25,000, and even a number of product lines may be split.

In addition to layoffs, HP's restructuring plan will lead to management of personnel changes. Earlier this week, Hewlett-Packard has named former Dell CIO Randy - Mott (Randy Mott) as the company's vice president and new CIO. In addition, HP also named Gilles - Borchard (Gilles Bouchard) work for global operations. During the last month, HP will be PC and handheld products business from re-printing and imaging department independent, and appointed the former president and CEO Todd PalmOne - Bradley (Todd Bradley) for the PC department heads, Vyomesh (VJ) Joshi still print head.

Hewlett-Packard will be on August 16th quarterly earnings. Prior to this, HP will have sufficient time to implement business restructuring plan.






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