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Hewlett-Packard starts seeing job cuts in imaging and printing

 Sep 03, 2008 10:15 AM UTC
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Graphic_arrow1 Via BloggingStocks:  

Filed under: Hewlett-Packard (HPQ), Employees

Hewlett-Packard Corp. (NYSE: HPQ) spared no expense this past Monday when it brought job cuts to a Boise, Idaho printing and imaging facility. On Labor Day, the world's largest PC manufacturer said, "In some cases, parts of IPG's business will experience reductions while investments will be made in high growth segments of the business. These decisions will be made at the level of the global business unit and are not specific to HP sites." Standard corporate-speak in relation to business unit realignment and reorganization, eh?

HP announced this reorganization back in June, so it should come as no surprise. Idaho's Worker Adjustment and Retraining Notification Act states that companies laying off 500 or more employees must provide 60 days notice to affected employees or face a fine equal to a cumulative amount reflective o...



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