The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Information / Computing 62 - Computer programming, consultancy and related activities 62.9 - Other information technology and computer service activities 62.90 - Other information technology and computer service activities
25,000 - 30,000 jobs Number of planned job losses
Announcement Date
16 September 2015
Employment effect (start)
16 September 2015
Foreseen end date
Description
Hewlett Packard has announced plans to cut 25-30,000 jobs from its HP Enterprise arm. This follows on from a further 55,000 jobs cut since the current CEO, Meg Whitman, took over in 2012. The US based company has not yet announced where these job cuts will fall. The plan involves increasing the proportion of workers in "low-cost locations" from 42% to 60% by 2018.
Sources
16 September 2015: BBC News
15 September 2015: The Guardian
15 September 2015: The Wall Street Journal
Citation
Eurofound (2015), Hewlett Packard Enterprise, Internal restructuring in World, factsheet number 84718, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/84718.