HP will eliminate up to 9,000 jobs around the world

The measure responds to a restoration process of the US Company with a view to driving HP from traditional hardware to software and services

The US hardware manufacturer HP announced Thursday that over the next three years it will eliminate between 7,000 and 9,000 current jobs that the company has worldwide. This will mean a reduction in the total workforce of up to 16%.

This company, which has a platform of 55,000 people worldwide, has witnessed how the main business of producing and selling computers, printers and printer ink has decreased significantly in recent years, which has led its representatives to consider the need for restructuring.

“This is one of the toughest decisions we had to make, but it is absolutely necessary for HP’s future,” the company’s CEO, Enrique Lores, who will replace the current, Dion Weisler, told a conference call, from November 1st. According to Lores, the objective is to turn the direction of the company from traditional hardware to software and services, thus following a general trend in the industry, in which several other device giants, such as Apple, have also strongly bet on such sense.

Lores said: “We see significant opportunities to create value for shareholders and we will achieve this by advancing our leadership, being a force for change in the industry and aggressively transforming the way we work.”

In addition, the executive described the elimination of positions as a strategy to save resources for the company, estimating a total of 1 billion dollars over the next three years, which will be invested in the company’s “reinvention” efforts.

K.Villarroel

Source: 20minutes

 

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