Stock market announcement: At Hewlett-Packard, 2000 more employees have to go


Instead of originally announced 27, 000 jobs, 29, 000 jobs will now be dropped by the fall of 2014. The group announced this in its quarterly report released on Monday (Form 10-Q in the US Securities and Exchange Commission). As a result, the estimated cost of the entire company conversion of 3.5 to 3.7 billion dollars increase (equivalent to 2.9 billion euros).

HP is suffering from generally lame computer sales due to global economic uncertainties and the rising popularity of tablet computers and smartphones. There are also homemade mistakes. In the past fiscal quarter, the industry leader posted a bottom line loss of $ 8.9 billion. The refurbishment alone had a negative impact of 1.7 billion dollars.

More than 4, 000 employees are already gone according to previous information, by October, it should be 11 500. Many employees had accepted the offer of early retirement. The employees are also affected in Germany; HP did not name an exact number yet.

Quarrelsome and confused decisions in management had lost a lot of trust in the customers. The short-term CEO Léo Apotheker, who had come from SAP, wanted to part with the PC sector and instead opt for software. The stock collapsed then, pharmacist had to go. Meg Whitman took the top job less than a year ago.

According to data from market research company Gartner, HP is barely at the top of the PC manufacturer. The Chinese climber Lenovo is hot on the heels of the Americans. In the second calendar quarter, HP held a market share of 14.9 percent (down from 16.9 percent); Lenovo improved to 14.7 percent (from 12.7 percent). According to Gartner, the US company has already lost its leading position in Germany, falling behind in third place behind Acer and Lenovo. (Dpa / tc)