Hewlett Packard plans to cut another 9,000 jobs

01 Jun 2010

Hewlett Packard, the world's top computer maker, is in the midst of a major restructuring that would affect around 9,000 jobs over the next few years.

The new job cuts will be over and above the 6,700 jobs the company slashed last year.

HP, which is investing $1 billion in its enterprise services unit over the next few years, said it expects an annual saving of $500-$700 million post restructuring.

HP is planning fully automated, standardised, state-of-the-art commercial data centres and said the job cuts will mostly be the result of productivity gains and automation.

The data centres will be built on HP's converged infrastructure and operated by its industry-leading management software.

HP is planning a wholesale shift to the new infrastructure leveraging on its experience in its own IT transformation. HP said it would help clients to migrate their applications to these modernised infrastructure platforms that are faster and more efficient.