Tuesday, June 20, 2006

HP to Cut 15,300 Jobs

Clint Boulton writes on internetnews.com:

HP today said it would lay off 15,300 workers by liquidating its global operations group and spreading it around to its business groups, the latest in a streamlining plan to make the company leaner and meaner.

Supply chain, procurement, logistics, order fulfillment, customer relationship management and other related functions will be added to HP's Technology Solutions Group (TSG) Personal Systems Group (PSG) and Imaging and Printing Group (IMG).

The company's three main business groups will now have greater accountability over the full range of their operational activities.

More here.

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