HP Cuts 9,000 Jobs With Automation of Commercial Data Centers
06/01/2010
"We believe that these sets of actions will enable HP to grow better than the market," said Ann Livermore, executive vice president for HP Enterprise Business, in a conference call with analysts.
The company will make the cuts over the next three years, and expects to save $500 million to $700 million annually as a result. It will offset the layoffs by hiring 6,000 employees in its global sales and delivery sectors.
Project Announcements
South Korea-Based Seoyon E-HWA Plans Chatham County, Georgia, Manufacturing Plant
02/02/2023
Bottling Company International Plans Morrison, Tennessee, Operations Complex
02/01/2023
Engineered BioPharmaceuticals Expands Danville, Virginia, Operations
02/01/2023
Ancra Cargo Establishes Hebron, Kentucky, Headquarters
01/31/2023
Pace Industries Expands Jackson, Tennessee, Operations
01/31/2023
Green Georgia Plans Thomaston, Georgia, Headquarters-Manufacturing Campus
01/31/2023
Most Read
-
2022 Top States for Doing Business Provide an Environment for Business Growth
Q3 2022
-
Location Factors in the EV Industry — “Mission Critical” or “Nice to Have”?
2022 Auto/Aero Site Guide
-
Three Big Challenges Facing the Food & Beverage Industry
Q4 2022
-
How Are Economic Developers Partnering to Solve Workforce Challenges?
Q1 2023
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
Fixing the Supply Chain with AI and Robotics
Q4 2022
-
18th Annual Consultants Survey: Access to Major Markets and Skilled Labor Are Clients’ Primary Concerns
Q1 2022