HP closes German site, laying off 850 employees

Hewlett-Packard is closing a corporate work site in Germany, laying off 850 employees.

In a statement, the world’s largest maker of PCs and printers said it will restructure its enterprise service business, which accounts for a quarter of the company’s total sales. HP’s will shut down its site in Rüsselsheim, Germany. HP has about 10,000 employees in Germany. The restructuring is likely to result in the loss of another 1,100 jobs there over time. The layoffs aren’t the first — and they won’t be the last — as the world moves toward post-PC technologies.

Those losing their jobs will receive a chance to apply for open jobs at other HP sites in Germany. HP took a charge of $1.7 billion for restructuring in its recent third fiscal quarter. Over time, HP plans to cut 29,000 jobs, or 9 percent of the company.

A HP spokesperson said in an email to ZDNet: “HP Enterprise Services has an aggressive plan to optimize its portfolio and its sales and delivery model, and to improve its cost structure, resource management and operations.”

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