HP layoffs shouldn’t affect workers in Costa Rica

(Archive)

September 17^th, 2015 (ICR News) Hewlett Packard plans to slash 30,000 workers from its workforce to cut costs, but HP workers in Costa Rica should have nothing to be worried about, according to HP Costa Rica human resources manager, Maria Luisa Gonzalez, who said she has received no information to indicate that layoffs are planned here.

Gonzalez told Amelia Rueda that HP Costa Rica has no immediate plans to reduce its workforce, and that it is in fact in a permanent state of hiring.  The company currently employs more than 6,000 workers in Costa Rica.

Hewlett Packard on Tuesday announced that it intends to lay off up to 30,000 workers to help cut costs by some $2.7 billion.

The tech giant made the announcement in a communique issued from San Jose, California, which listed a series of measures to be taken to restructure the business group.

The move was announced during a meeting on Tuesday between top HP executives and stock market analysts in which they discussed details of the group’s business strategy and updated their financial projections.

The tech group has been pursuing a restructuring plan since last year and at that time it announced its intention to lay off about 50,000 employees, to which have been added the 25,000 to 30,000 mentioned on Tuesday.

On Oct. 6, 2014, HP announced that it was splitting into two companies - HP Inc., which would take over the tasks relating to personal computers and printers, and Hewlett Packard Enterprise, focusing on providing computer services to companies.

It is expected that the split will be completed next November and Hewlett Packard Enterprise will be listed on the stock market using the symbol HPE.

HP president Meg Whitman will remain at the helm of the division focused on providing equipment and software services to companies, while Dion Weisler will become the chief of the personal computer entity.

The communique said that the corporate services division would have annual income of some $50 billion.

Whitman said that the restructuring would allow Hewlett Packard Enterprise to be more competitive and have a more sustainable cost structure.

EFE contributed to this report.