HP confirms 7,000 workers to go across Europe

Grisly details of HP's massive restructuring emerge.

Meg Whitman

HP has confirmed fresh plans to lay off 7,095 workers within Europe, as part of its wider restructuring that will see 29,000 made redundant through to the end of 2014.

The PC maker said it made the decision earlier this week, as it wanted to address "current market and business pressures" in Europe, the Middle East and Africa (EMEA).

"HP expects approximately 7,095 employees to exit the company or to be re-deployed into new roles that better fit the future needs of the company and its customers," the firm told IT Pro in an email.

"Workforce reduction plans will vary by country, based on local legal requirements and consultation with works councils and employee representatives, as appropriate.

Advertisement - Article continues below
Advertisement - Article continues below

More than 33,000 could be facing the chop overall.

"The restructuring plan further advances HP's organisational re-alignment to deliver a more agile and responsive business model in the region, streamlining processes, advancing innovation and creating efficiencies for the benefit of customers, shareholders and employees.

"HP will also be taking steps to help affected employees during this transition."

Customers will see no difference in the quality of service, HP promised.

Like a number of its rivals, HP has had to adjust to a world where PC sales are in decline and cloud services are becoming increasingly popular. HP has also haemorrhaged money with costly purchases, such Autonomy, resulting in an $8 billion write-down.

Meg Whitman, the CEO overseeing HP's streamlining, said no other major layoffs would take place outside of the 29,000. However, in a recent filing with the Securities and Exchange Commission, HP said layoffs could be 15 per cent greater or lesser than 29,000.

Advertisement - Article continues below

More than 33,000 could be facing the chop overall.

Featured Resources

Digital Risk Report 2020

A global view into the impact of digital transformation on risk and security management

Download now

6 ways your business could suffer if you don’t backup Office 365

Office 365 makes it easy to lose valuable data regularly, unpredictably, unintentionally, and for good

Download now

Get the best out of your workforce

7 steps to unleashing their true potential with robotic process automation

Download now

8 digital best practices for IT professionals

Don't leave anything to chance when going digital

Download now



HP Spectre x360 13-aw0053na (2020) review: A diamond in the rough

18 Feb 2020
mergers and acquisitions

Xerox turns to public stocks in merger war with HP

12 Feb 2020
Business strategy

Six ways boards can step up support for cyber security

27 Jan 2020
mergers and acquisitions

Xerox to nominate directors to HP's board – reports

22 Jan 2020

Most Popular


How to use Chromecast without Wi-Fi

5 Feb 2020
operating systems

How to fix a stuck Windows 10 update

12 Feb 2020

The top ten password-cracking techniques used by hackers

10 Feb 2020

Microsoft to add Defender antivirus software to Linux, iOS and Android

21 Feb 2020