HP UK job cuts detailed
968 jobs to go...
Posted in Financial News, 13th September 2005 14:50 GMT
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Printer giant HP has detailed just how many jobs it is cutting in the UK.
It seems 968 HP employees in the UK are to lose their jobs. The company has seven UK sites but will not explain which jobs are going from where.
Most jobs are going from HR, IT and finance, according to the BBC, but HP would not say how many of the redundancies are compulsory.
On Friday the firm revealed 6,000 people in Europe will lose their jobs. HP suffered big redundancies following the merger with Compaq which didn't help endear CEO Carly Fiorina to remaining staff.
A spokeswoman for HP would not give any more information because consultation with workers is still going on.
Across Europe 5,900 jobs will go out of a total of 44,000 HP workers. France sees headcount shrink by 1,240 from a total of 4,800.®
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