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Hewlett-Packard to Cut About 10 Percent of Work Force

New York Times Original article ›

Keywords:


HP's tech services business

08/09/2012

H-P took a charge of $8 billion in 2012 for its tech services business and the acquisition of EDS in 2008. Cloud computing, competition from outsourcing firms in India, and other trends are reducing the prospects of the tech services business.

Grouped Articles

Hewlett-Packard Shareholders: Are You Really Being Served?

Wall Street Journal 05/24/2013

Hewlett-Packard Plans to Break in Two

Wall Street Journal 10/06/2014

Hewlett-Packard Is Said to Be Planning a Split of Businesses

New York Times 10/05/2014

H-P Outlines Up to 30,000 More Job Cuts

Wall Street Journal 09/16/2015

Hewlett-Packard to Cut About 10 Percent of Work Force

New York Times 09/15/2015

H-P to Book $8 Billion Charge

Wall Street Journal 08/09/2012

HP formally splits into 2 businesses in November 2015- HP Enterprise in tech infrastructure and services, and HP Inc. in printers and PC's

09/15/2015

HP will separate printers and personal computers from the Enterprise infrastructure (servers, software) and enterprise tech services (cloud computing, data analystics, outsourcing software) in Nov. 2015. This will be done by consolidating the outsourcing part of the business in lower cost locations, cutting 30,000 jobs most of them in Enterprise services, in addition to the 16,000 cuts made in 2014. The purpose is to come up with a more focussed and nimble organization. HP Enterprise will look for opportunities in new business such as data analytics, cloud computing, where it faces competition from IBM and Amazon. HP Inc. will go into 3-D printing. Meg Whitman will be CEO of HP Enterprise and chairperson of HP Inc.

Grouped Articles

H-P Outlines Up to 30,000 More Job Cuts

Wall Street Journal 09/16/2015

Hewlett-Packard to Cut About 10 Percent of Work Force

New York Times 09/15/2015

Hewlett-Packard’s Split: Which Is the Better Half?

Wall Street Journal 11/10/2015

Why HP Needs to Keep the Ink Flowing

Wall Street Journal 11/27/2015

HP Enterprise’s Results Reassure Investors on Tech Spending

Wall Street Journal 03/05/2016

HP performance

03/25/2014

Grouped Articles

H-P's Tech Revamping Begins to Pay Off

Wall Street Journal 03/25/2014

H-P's Cuts Don't Put It Out Front

Wall Street Journal 05/24/2014

Hewlett-Packard Layoffs Reflect Effort to Keep Pace With Revenue Slide

Wall Street Journal 05/29/2014

Hewlett-Packard Plans to Break in Two

Wall Street Journal 10/06/2014

Hewlett-Packard Is Said to Be Planning a Split of Businesses

New York Times 10/05/2014

Hewlett-Packard: Will Slimmer Make Stronger?

Wall Street Journal 10/07/2014

HP's 16,000 planned layoffs in 2014 as revenue from PC's declines faster than previous cuts

05/29/2014

Grouped Articles

Hewlett-Packard Layoffs Reflect Effort to Keep Pace With Revenue Slide

Wall Street Journal 05/29/2014

Hewlett-Packard Plans to Break in Two

Wall Street Journal 10/06/2014

Hewlett-Packard Is Said to Be Planning a Split of Businesses

New York Times 10/05/2014

Hewlett-Packard: Will Slimmer Make Stronger?

Wall Street Journal 10/07/2014

Printing a New Deal for H-P

Wall Street Journal 10/07/2014

H-P Outlines Up to 30,000 More Job Cuts

Wall Street Journal 09/16/2015


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