HP PLANS TO CUT 300-400 JOBS @ OREGON FACILITY

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HP PLANS TO CUT 300-400 JOBS @ OREGON FACILITY

 user 2008-05-09 at 10:33:23 pm Views: 47
  • #19697
    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.