Morning Agenda: HP to Cut 30,000 Jobs
By Amie Tsang
September 16, 2015
Meg Whitman, HP’s chief executive, announced a year ago that she was cutting Hewlett-Packard in two (HP Enterprise and HP, Inc). But recently she detailed job cuts expected at the company. 30,000 of its 300,000 employees will be eliminated. Ms. Whitman said that “We’re looking forward to operating as two industry leading companies,” “You’ll see us doing more pruning of businesses that don’t fit.” Since 2012 when they announce the restructuration, 54,000 jobs have been cut at the company. The new cuts are on top of that. The big job cuts will come from HP Enterprise, in particular jobs at call centers and other service centers in developed countries. HP plans to automate many of the jobs, and build out positions in countries like India and Costa Rica.