Friday, May 23, 2014

Technology company, HP dismisses again up to 16,000 people – FAZ – Frankfurter Allgemeine Zeitung

The computer giant Hewlett-Packard (HP) tightened its job cuts and wants up to 16,000 more jobs deleted. This would disappear in the course of the years of rebuilding a total of 50,000 jobs. The increased job cuts were necessary for the competitiveness, HP announced on Thursday evening along with figures for the previous quarter with.

In the end of April completed second fiscal quarter, sales fell by one per cent to 27.3 billion dollars. Net profit reached $ 1.27 billion after nearly $ 1.08 billion a year earlier

Hewlett-Packard has the problem that the core areas of tradition Group -. PCs, printers, and servers – all through a difficult phase . go Therefore, company boss Meg Whitman attempts to HP in new business. So Hewlett-Packard returned to the tablet market, soon the Group intends to enter into business with 3D printing. A billion dollars is to be invested in the expansion of cloud services.

But still determine the date the business divisions. In the PC segment there after the slump of the past year, after all signs of a recovery. Sales of notebooks and desktop computers put in comparison with the prior year quarter by 7 percent to nearly $ 8.2 billion to.

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Operating profits in the division with $ 290 million was again relatively narrow. In the printer business, sales fell 4 percent to $ 5.8 billion. But the division is a quarterly operating profit of $ 1.14 billion remains highly profitable. Business with servers shrank slightly, while operating profit of 961 million dollars.

HP called no period in which the additional 11000-16000 jobs are to be deleted. The adopted in May 2012 remodeling program was previously the reduction of 34,000 positions within several years ago. The turnover had remained below the expectations of analysts, while earnings met the forecasts

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