FRENCH HP WORKERS WALK OFF JOB

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FRENCH HP WORKERS WALK OFF JOB

 user 2005-09-20 at 9:52:00 am Views: 64
  • #12860

    French HP Workers Walk Off Job in Protest
    Hundreds
    of Hewlett-Packard employees walked off the job Friday to protest
    planned job cuts by the U.S. maker of computers and printers.

    The largest of three walkouts was at the company’s Grenoble site in
    southeastern France, which drew several hundred employees led by local
    officials and Mayor Michel Destot.

    “Grenoble needs Hewlett-Packard, but Hewlett-Packard doesn’t need Grenoble,” Destot said.

    Hewlett-Packard Co. said Monday it would cut 5,900 jobs in Europe as
    part of a global restructuring plan announced in July. HP France – the
    French arm of the company – said that 1,240 of the country’s 4,800 jobs
    would be cut.

    About 200 employees marched near a site outside Paris in
    Issy-les-Moulineaux and another 100 protested near their plant in
    Isle-d’Abeau in eastern France.

    Shares of HP rose 11 cents to $27.98 in early afternoon trading on the New York Stock Exchange.