HP PLANS 1,400 JOB CUTS IN GERMANY

[Anonymous]

http://canadianpress.google.com/article/ALeqM5i9NGUIOGpqoutG1dTvzn_6lq8HuQ
HP plans 1,400 job cuts in Germany
BERLIN
— Computer maker Hewlett-Packard Co. will cut 1,400 jobs in Germany
over the next two years as part of a worldwide restructuring effort, a
company spokesman said Monday.
Some 1,150 of the cuts are expected
at the subsidiary Electronic Data Systems, while 250 jobs will likely
come from the main company, said spokesman Norbert Gelse.HP, whose
German base is near Stuttgart in Boeblingen, will work out a plan for
the cuts with labor representatives over the coming weeks, Gelse said.

EDS,
whose German operations are based in Duesseldorf, currently has some
4,200 employees in the country, while HP has 8,500.Palo Alto,
California-based HP said in September that it was planning to cut a
total of 24,600 jobs over the next three years as part of the
integration of technology-services firm EDS, which it acquired earlier
in the year.

[Author]

October 7, 2008 at 2:02 PM