Menu
18/05/2012
Hewlett-Packard Set To Announce 30,000 Job Cuts
In one of the world’s biggest redundancy programmes in recent years Hewlett-Packard have announced it is planning to cut as many as 30,000 jobs.
The computer and software company, which employs 324,600 people worldwide, is expected to announce it is cutting 8% of its workforce when it updates shareholders on its latest financial results on Wednesday.
The cuts come as HP's new chief executive, Meg Whitman, gets to grips with the company's recent fall from grace as consumers ditch bulky PCs in favour of tablets, such as Apple's iPad. Analyst say it has also failed to keep pace with the switch to cloud computing.
HP has suffered from a lack of clear leadership, with two chief executives forced out in the last two years.
HP declined to comment on the job cuts and refused to say how many staff it employs in the UK and whether or not they would be affected. Two years ago unions accused the firm of "butchery" when it slashed 1,300 jobs in Britain. The cutbacks followed its merger with IT services rival EDS and reduced its workforce here to 6,000.
(H)
The computer and software company, which employs 324,600 people worldwide, is expected to announce it is cutting 8% of its workforce when it updates shareholders on its latest financial results on Wednesday.
The cuts come as HP's new chief executive, Meg Whitman, gets to grips with the company's recent fall from grace as consumers ditch bulky PCs in favour of tablets, such as Apple's iPad. Analyst say it has also failed to keep pace with the switch to cloud computing.
HP has suffered from a lack of clear leadership, with two chief executives forced out in the last two years.
HP declined to comment on the job cuts and refused to say how many staff it employs in the UK and whether or not they would be affected. Two years ago unions accused the firm of "butchery" when it slashed 1,300 jobs in Britain. The cutbacks followed its merger with IT services rival EDS and reduced its workforce here to 6,000.
(H)
Related UK National News Stories
Click here for the latest headlines.
26 March 2015
North Sea Oil Company Announce Job Cuts
Oil company Taqa has announced it is cutting one hundred jobs because of the "challenging environment" of the North Sea industry. The company said it is consulting with its workforce over the job cuts, which it expects to be mostly contractors and consultants in onshore positions.
North Sea Oil Company Announce Job Cuts
Oil company Taqa has announced it is cutting one hundred jobs because of the "challenging environment" of the North Sea industry. The company said it is consulting with its workforce over the job cuts, which it expects to be mostly contractors and consultants in onshore positions.
10 February 2015
Birmingham Council Considers Job Cuts In Money Saving Drive
Birmingham City Council has voted to reduce the opening hours of the city's new £189 million library by almost half. Opening hours of the library, which opened in September 2013, are to be cut from 73 to 40 as part of a drive to save money.
Birmingham Council Considers Job Cuts In Money Saving Drive
Birmingham City Council has voted to reduce the opening hours of the city's new £189 million library by almost half. Opening hours of the library, which opened in September 2013, are to be cut from 73 to 40 as part of a drive to save money.
11 September 2009
RMT Calls For Halt To Job Losses At Network Rail
Rail union RMT has called for a halt to job losses at Network Rail after new information supplied by the company revealed that 2549 maintenance jobs are now under threat – a significant increase on the 1800 confirmed by Network Rail two weeks ago.
RMT Calls For Halt To Job Losses At Network Rail
Rail union RMT has called for a halt to job losses at Network Rail after new information supplied by the company revealed that 2549 maintenance jobs are now under threat – a significant increase on the 1800 confirmed by Network Rail two weeks ago.
30 July 2008
Northern Rock Reveals Job Cuts
Northern Rock is set to shed up to 1,300 jobs as part of a restructuring plan. The troubled bank, which was effectively nationalised this year, aims to limit the number of compulsory redundancies to 800, while 500 staff will leave voluntarily. The job cuts are in line with previously announced plans to cut 2,000 staff by 2011.
Northern Rock Reveals Job Cuts
Northern Rock is set to shed up to 1,300 jobs as part of a restructuring plan. The troubled bank, which was effectively nationalised this year, aims to limit the number of compulsory redundancies to 800, while 500 staff will leave voluntarily. The job cuts are in line with previously announced plans to cut 2,000 staff by 2011.
13 January 2006
BBC redundancies placed on hold
Compulsory redundancies at the BBC have been put on hold until at least April, following discussions between BBC Director-General Mark Thompson and the three unions concerned.
BBC redundancies placed on hold
Compulsory redundancies at the BBC have been put on hold until at least April, following discussions between BBC Director-General Mark Thompson and the three unions concerned.
-
Northern Ireland WeatherThis Evening and Tonight:It will be cloudy with a spell of heavy rain pushing south through late evening and the early hours, soon followed by some clear spells. Minimum temperature 6 °C.
