Summary Box: HP plans to cut 9,000 jobs as it creates automated data hubs
By APTuesday, June 1, 2010
Summary Box: Hewlett-Packard to cut 9K jobs
THE CUTS: Hewlett-Packard Co. is laying off about 9,000 people, roughly 3 percent of its global work force. The cuts are coming in the unit that provides technology services to other businesses. HP plans to replace two-thirds of those jobs with sales and other staff.
THE IMPETUS: HP is counting on automation and productivity gains as HP consolidates its data centers, the clusters of computers that run websites and process information for big companies.
THE BIGGER PICTURE: This reflects aggressive demand for computing services, and the benefits that come to companies able to automate as much as possible.
YOUR VIEW POINT
