HP plans to cut 15 thousand from Monday officially announced

U.S. local time on July 14th (Beijing time July 15th) news, according to foreign media reports, familiar with the situation insider said, HP is speeding up the development of the company's business restructuring plan, and is expected to announce the final decision this weekend. Sources said that after the implementation of the restructuring plan, HP will cut 15 thousand jobs.

Insider sources said the specific layoffs will be announced next Monday. HP's new CEO Mark - (Mark Hurd) said after taking office, through layoffs, the savings can be used for product development, thereby enhancing the market competitiveness of HP products. Last year, HP has been in the storage and server, printing and imaging sector layoffs. Earlier reports said that HP will cut 15 thousand people in the future, insider news, HP's final layoffs will be little difference with this figure. For these rumors, HP, a representative declined to comment.

The source also said that despite the massive layoffs HP, but most employees support attitude to Hird. Sources said: HP employees believe that Hird is a capable leader. This shows that although Hird just took office soon, but has been able to get the praise and trust of employees." Market research firm Moors & Cabot released a forecast report on Thursday, the total number of layoffs HP is likely to reach 20 thousand people. Some analysts have said Wall Street, HP layoffs may be between 5000 to 25 thousand, and even some of the product line may be split.

In addition to layoffs, HP's restructuring plan will lead to changes in the company's management personnel. Earlier this week, HP has appointed former DELL CIO Randy - Mott (Randy) as vice president and new CIO. In addition, HP also named Giles Borchard (Gilles Bouchard) responsible for global operations. Last month, HP will PC and handheld products business from the printing and imaging department re independent, and the appointment of former PalmOne president and CEO Todd - Bradley (Todd Bradley) for the PC department, Vyomesh (VJ) Joshi is still the printing department.

HP will announce quarterly earnings on August 16th. Prior to this, HP will have enough time to implement business restructuring plan