HP announces 9,000 global redundancies

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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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