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HP plans 5,900 layoffs in Europe

HP plans 5,900 layoffs in Europe

HP will cut 5,900 jobs in Europe, the Middle East and Africa as part of its previously announced 14,500 job cuts.

Of the 14,500 layoffs announced by Hewlett-Packard in July, 5,900 jobs will be cut from company sites in Europe, the Middle East, and Africa (EMEA), an HP spokesman confirmed Friday.

HP was required to share the specific number of layoffs with the company's European Works Council. All multinationals are required to have such a council, which coordinates information between employees and the company. Executives in specific EMEA countries plan to meet soon and determine where the layoffs will take place, said Ryan Donovan, a company spokesman.

As part of a massive restructuring announcement in the early days of new chief executive officer Mark Hurd's tenure, HP announced plans in July to cut 14,500 jobs worldwide and streamline the company's sales force. Until now, the Palo Alto, California, company had not said anything about where those cuts would take place, and it probably won't say much more about specific locations in coming months, Donovan said.

About 3,200 employees in the U.S. accepted an early retirement package that was offered in late July, HP said in its quarterly filing with the U.S. Securities and Exchange Commission Thursday. The move cost HP US$400 million, and now that it has eliminated those positions it can make final decisions about the remainder of the cuts, it said in the filing.

Earlier this year, HP cut about 3,000 positions in a separate restructuring move. HP currently has about 150,000 employees worldwide, and about 50,000 are located in the U.S.


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