Feeds

HP UK veep Murphy volunteers to jump ship amid staff cuts

One of 166 HPers heading for the door

3 Big data security analytics techniques

HP UK veep Steve Murphy is understood to have taken voluntary redundancy ahead of mass lay-offs at the wobbling tech titan.

Murphy, who joined HP in April 2011 months after resigning from his position as UK chief at HDS, is believed to be one of more than 150 people the vendor hopes will volunteer for the chopping block.

Sources told The Channel that he is on gardening leave having left the operation just over a week ago.

It emerged in August that HP told the government's Department for Business Innovation & Skills that 268 jobs were at risk of redundancy - a legal obligation for that many layoffs.

But those close to the company reckon HP will actually lose 166 staffers from the UK as part of the "usual process of trimming". Staff heading for the door are likely to do so willingly, claimed one source.

This headcount cutting is ahead of HP's preparations to let go 29,000 employees globally as part of CEO Meg Whitman's desperation vision to cut costs and free up cash for R&D.

It is believed that some 1,600 HPers could eventually be at risk of redundancy in the UK although the company has yet to confirm how many people will be handed their P45s. Sources claim HP chiefs are also proposing to cut ten per cent of employees in Germany and France, and as many as 14 per cent in Sweden.

Murphy was unavailable to comment. HP said it "would like to decline on the opportunity to comment at this stage". ®

Combat fraud and increase customer satisfaction

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Ex–Apple CEO John Sculley: Ousting Steve Jobs 'was a mistake'
Twenty-nine years later, post-Pepsi exec has flat-forehead moment
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.