HP GLOBAL CUTS TO IMPACT ALL BUSINESS BRANCHES

Date Published: 24-May-2012

A reduction in workforce is expected to impact ALL global business branches of city based computer firm Hewlett Packard.

However the technology company has declined to comment on what this will mean for its European Software Centre in Ballybrit Business Park.

It's after the company announced its to cut its global staffing by 8 per cent by the end of 2014.The restructuring is a multi-year initiative and HP has not yet announced specific plans for its Ballybrit site, its Leixlip division or any other regional branches worldwide.

The firm employs around 4 thousand staff in Ireland with up to 600 of these based in Ballybrit.

In a statement to Galway Bay fm news, HP says the workforce changes will vary by area based on local legal requirements and consultations with employee works councils and representatives.

An early retirement scheme is being offered as part of the overall plan which aims to cut 27-thousand jobs worldwide by the end of 2014.