Hewlett-Packard Cuts 25,000 Jobs After E.D.S. Purchase

Ashlee Vance, reporting for the NYT:

The computer and printer maker Hewlett-Packard announced on Monday that it would eliminate 24,600 jobs, or 7.5 percent of its work force, as part of its plan for digesting the computer services giant Electronic Data Systems, which it acquired for $13.9 billion in August.

For comparison, Apple only has 22,000 employees total, including retail; Google: 20,000. That’s a lot of jobs.

Tuesday, 16 September 2008