Hewlett-Packard HP Layoffs Job Cut: may fire 6400 employees

The news is not good for the employees of the Hewlett-Packard HP, which is the world famous computers and printers & accessories company. We had reported about Hewlett-Packard HP Layoffs Job Cut and now the news has added to it. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest on to add to the list is the Hewlett-Packard HP Organization, which may be going for layoffs.

How many employees may be fired in the Hewlett-Packard HP layoffs?

As per the reports, there can be around 6400 layoffs by Hewlett-Packard HP.

What is the total no. of employees of Hewlett-Packard HP?

The total no. of employees of Hewlett-Packard HP is around 320000 as of now.

What will be the cost and savings by Hewlett-Packard HP layoffs?
No info about that.

When will the Hewlett-Packard HP layoffs happen?

The layoffs will occur in a planned and phased manner over the next 1 year.

Which locations and department of employees will be affected by the Hewlett-Packard HP layoffs ?
No info is available location or department wise.

What is the primary reasons for Hewlett-Packard HP layoffs?
The primary reasons for layoffs is cost cutting and structural changes in the organization with an aim to improve effectiveness of business.

Any other news about Hewlett-Packard HP layoffs
As per IndiaTimes, HP said net profit fell to $1.7 billion, or 86 cents per share, in the second quarter of its fiscal year from $2.1 billion, or 87 cents per share, a year ago, in line with the expectations of Wall Street analysts.
Let's hope that alternative jobs are available to the affected employees of Hewlett-Packard HP Layoffs Job Cut