HP announces 9,000 global redundancies

 

Staff to go in Enterprise Services shake-up.

HP is to shed 9,000 workers worldwide as it seeks to streamline its organisation and lay the foundations for a range of next-generation products in its Enterprise Services division.

The vendor said that the US$1b (A$1.19b) investment plan will create "market-leading technology and software to benefit clients through new offerings and improved service delivery".

This will involve consolidating the firm's Enterprise Services commercial datacentres, management platforms, networks, tools and applications to create a scalable, modernised and automated IT infrastructure.

HP said that the streamlining will allow it to "eliminate roughly 9,000 positions over a multi-year period to reinvest for further growth and increase shareholder value".

Tom Iannotti, senior vice president and general manager of HP Enterprise Services, explained that HP had spent the past 20 months focusing on the integration of EDS, and is now looking for growth opportunities.

"We have identified significant opportunities to grow and scale the business. These next-generation services will enable our clients to benefit from the combined technology and services leadership that HP offers," he said.

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HP announces 9,000 global redundancies
"Heh thanks Mobius -- fixed."
By Liz Tay
 
 
 
Comments: 3
wwwalker
Jun 2, 2010 9:41 AM
I was at a launch of Informatica 9 in Sydney last week where HP was a sponsor and their rep hinted at large integration problems Informatica was helping them solve. May be this is the fruit of that streamlining. Large systems can be ugly to integrate. EDS must have been the source of that pain.
Mobius
Jun 2, 2010 12:06 PM
Wow didn't know the Aussie dollar was that strong!
US$1b (A$1.19m)!
Liz Tay
Jun 2, 2010 12:29 PM
Heh thanks Mobius -- fixed.
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