Singapore staff worried after HP announces plan to cut 9,000 workers globally

HP said on Oct 3 that it is slashing global headcount "by approximately 7,000 to 9,000 employees through a combination of employee exits and voluntary early retirement".
HP said on Oct 3 that it is slashing global headcount "by approximately 7,000 to 9,000 employees through a combination of employee exits and voluntary early retirement".PHOTO: BLOOMBERG

Concerned workers at HP's Singapore office are bracing themselves for change, a day after the American technology giant announced plans to cut up to 16 per cent of its global workforce.

The cuts come as the personal computer maker embarks on a broad restructuring to reduce costs and boost sales amid a leadership change and falling revenue from its printing business.

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A version of this article appeared in the print edition of The Straits Times on October 05, 2019, with the headline 'S'pore staff worried after HP announces plan to cut 9,000 workers globally'. Print Edition | Subscribe