Feeds

HP job cuts: France wants its subsidies back

Grenoble demands €1.2m

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

HP's job-cutting scheme has hit a snag - French politicians are claiming the firm owes more than a million euros in subsidies. The company is looking to cut 6,000 jobs in Europe - just under a thousand in the UK and 1,240 in France.

The mayor of Grenoble, where HP labs are based, flew to California to try and convince HP bigwigs to think again. If they do not he is calling for the return of €1.2m he claims was given to HP to help it set up in Grenoble in the first place.

But Patrick Starck, president of HP France, told Le Figaro newspaper that HP had never received any money from the French government, adding that the firm had paid €700m in taxes during the period. More details en Francais içi.

French prime minister Dominque de Villepin told AP late last week: "When there is public aid, it is normal that there is a minimum of return, of recognition." But Villepin said the intention was not to put up barriers to international investment and he hoped for constructive talks with HP, an indication that he is under pressure to cut French unemployment which is currently over 10 per cent.

After a meeting with HP execs on Monday, French employment minister Gerard Larcher said the figure of 1,240 job cuts was not set in stone and could come down. More from AP here. ®

Beginner's guide to SSL certificates

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Special pleading against mass surveillance won't help anyone
Protecting journalists alone won't protect their sources
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
Vodafone to buy 140 Phones 4u stores from stricken retailer
887 jobs 'preserved' in the process, says administrator PwC
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.