Wednesday, June 4, 2014

HP Will Cut 16,000 Employees

Hewlett - Packard ( HP ) plans to cut approximately 16 thousand employees . This step was taken because the Chief Executive Meg Whitman has a strategy to focus on computing service providers .

Reported Theguardian , Friday ( 23/05/2014 ) , Hewlett - Packard plans to lay off approximately 16 thousand employees . Whitman said , the dismissal of the employee 's need to streamline business across the company's portfolio .
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Portfolio companies include networking , storage and software . Some analysts are questioning whether the dismissal is poor signifies the company's prospects for the coming year .

" The reason it makes sense . However , you worry if there is a rigor to this process , or if it's an ongoing thing , which can affect morale at the end of the day . Trend so far ( dismissal ) has been alarming , " said RBC analyst Amit Daryanani .

HP has a number of workers around the world as much as 250 thousand . A few years ago , HP reportedly been laying off approximately 27 thousand employees . Then , layoffs continued again in 2013 by laying off some employees .

 Current , reported the company will conduct Termination of Employment ( FLE) approximately 11 thousand to 16 thousand employees . Reportedly , with the dismissal of some employees this time , Whitman led the company generated a total of 50 thousand employees were excluded .
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The Company seeks to reduce dependence on the PC and move to the computing and networking equipment for the enterprise . This is done in an effort to reduce the decline in revenue Whitman .


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