*NEWS*HP PLANS TO CUT 300-400 JOBS @ OREGON FACILITY

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*NEWS*HP PLANS TO CUT 300-400 JOBS @ OREGON FACILITY

 user 2008-05-09 at 10:32:37 pm Views: 40
  • #19655

    http://blog.oregonlive.com/siliconforest/2008/05/gt_corvallis_cuts_set.html
    Hewlett-Packard Plans To Cut 300-400 Jobs At Oregon Facility
    The Corvallis Gazette-Times says this morning that it’s confirmed HP’s layoff plans in Corvallis. The paper says HP plans to eliminate between 300 and 400 jobs:

        The Palo Alto, Calif.-based technology company has so far refused to confirm any details of the impending job cuts, though a spokeswoman said last week that HP’s imaging and printing group “is considering some changes in how it produces and distributes original HP supplies.”

        Multiple sources, however, say HP managers have told employees that one of three silicon wafer fabrication facilities at the Corvallis site will be shut down and that 35 percent to 45 percent of the 850 employees who work in the fabs will be laid off. No timetable has been announced for the cutbacks, and it isn’t yet clear which employees would be let go.