Friday, January 4, 2013

HP 2012 layoffs of 17,800 employees worldwide accounts for about 5% of the total number of

In 2012, Hewlett-Packard [microblogging] company laid off 17,800 employees, accounting for about 5% of the world's total number of employees, the layoffs the company last year to develop 2.9 million goal by more than half.

According to HP's filings with the U.S. Securities and Exchange Commission, as of October last year, the the HP global workforce of 33.18 million.

HP announced global layoff plan in May last year and layoffs as part of the recovery plan. The HP layoffs was developed target of 2.9 million people, representing approximately 8.3% of the global workforce. HP hopes to the layoffs and motivate employees voluntary retirement to accomplish this goal, the expected completion time for the end of 2014.

Swing due to the strategic decision-making, Hewlett-Packard in recent years, a downward trend in the development of the company.

In September 2011, Whitman was appointed as Hewlett-Packard CEO, her plan through layoffs, cost-cutting, HP's revival of the potential areas for expansion and other measures. HP last year's performance, however, was disappointing, the second quarter net profit down 31%, the third and fourth quarters in both losses, losses of $ 8.8 billion and $ 6.9 billion respectively.

In 2010, HP's market capitalization of $ 104.5 billion and its market value is only $ 29.5 billion, has shrunk by more than two-thirds. Since last year, HP's stock price has fallen more than 45%, the highest minimum Over the last eight years.

A number of significant U.S. corporate layoffs

End of the year 2012, the U.S. corporate layoffs action more generally.

According to foreign media reports, not just as Hewlett-Packard, a number of well-known companies in 2012 were massive layoffs, including AMR Corp., Citibank, Pepsi, Procter & Gamble, Google [microblogging], Morgan Stanley, Yahoo .

According to the latest report of the famous American professional consulting firm Challenger, Gray & Christmas, as of November 30, 2012 Last year, the U.S. corporate layoffs amounted to 49.1 million. Among them, the number of layoffs the third consecutive month rise in November alone, the number of U.S. corporate layoffs of up to 5.8 million people, 20% of the sum of the amount of the first 11 months of layoffs last year.

Industry analysts believe that the U.S. economic recovery is weak, the gloomy global economic outlook and poor operating environment is frequently announced layoffs in 2012 mainly due to U.S. corporate.

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