Reorganization in Hewlett-Packard’s offices in Europe, the Middle East and Africa will see the laying off of 5,900 employees, following its merger with Compaq Computer Corporation earlier this year. US computer and printer maker HP plans to slash 15,000 jobs worldwide, confirmed a company spokesperson.
Some 4,000 positions will be cut over the coming five months, while the remaining dismissals will take place before October-end 2003. HP management aims to reduce operating costs by $2.5 million by the end of the 2003 financial year.
Following the Compaq acquisition, HP’s workforce in Europe, the Middle East and Africa grew to 46,000. HP is a global provider of computing and imaging solutions and services for business and home. The hp product range includes desktop and mobile PCs, servers, networking devices, CD-Writers, Tape drives, high-end jukeboxes, laser and inkjet printers, digital cameras, scanners and large format printers.
The hp Middle East office was established in the UAE in 1997, and covers the UAE, Saudi Arabia, Kuwait, Lebanon, Qatar, Bahrain, Oman, Yemen, Egypt, Jordan and Iran. The hp Middle East team offers hp marketing, sales, consulting, support and channel partner services for small and medium businesses, as well as tailor-made solutions for enterprise organizations. hp Middle East established a training center on hp products and a customer care center in Dubai. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
