Idaho

Bringing the Economy Home

“HP Poised To Eliminate Up To 30,000 Jobs”

“HP is one of the Treasure Valley’s major employers, with a campus in Boise that employs nearly 4,000 people, about half of whom work in the Imaging and Printing Group.”


Hewlett-Packard is poised to eliminate as many as 30,000 jobs to compensate for dwindling demand for personal computers as more people connect to the Internet on smartphones and tablets, according to reports published Thursday.

The looming cuts cited by Bloomberg News and the technology blog All Things D would trim as much as 9 percent of HP’s workforce, based on the 349,600 people employed by the Palo Alto, Calif., company as of October 2011. A breakdown on HP’s website listed 324,600 employees, but company spokesman Michael Thacker said the information was wrong. He pointed to the October figure listed in HP’s annual report as the most accurate head count.

Read more at: www.idahostatesman.com

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