Hewlett Packard (HP) is poised to axe 968 jobs in the UK as part of worldwide re-structuring plans that were announced in July, the company?s UK office has confirmed.
The UK losses are expected to affect the company?s imaging and printing sector but the timing of the job cuts has not yet been announced.
In July HP announced that it would cut 14,500 jobs worldwide ?over the next six quarters? ? representing 10% of its regular full-time staff – to help reduce costs.
It is understood that nearly 6,000 jobs will go across the company?s Europe, Middle East and Africa operations.
In a statement, dated 19 July, HP said it was planning a ?targeted programme designed to simplify its structure, reduce costs and place greater focus on its customers?. The move aims to save $1.9 billion a year.
