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.