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HP intends to cut 30,000 jobs through automation and offshoring

21 Sep 2015 12:00 AM | Anonymous

Hewlett-Packard CEO Meg Whitman has announced that HP intends cut a further 25,000-30,000 jobs in the near future, as part of HP’s restructuring into two separate companies and in reaction to rapid changes in the technology market.

“As new technologies come in, we’ve got to restructure [our] labour force to low-cost locations, to much more automation than we have today,” she commented in an interview with CNBC.

HP expects to ultimately save roughly $2.7 billion a year as a result of the planned changes. The company also expects its share of workers employed outside of the United States to grow from 42 per cent today to 60 per cent by 2018.

The news comes at a time when robotics in particular is in the limelight, with both Sky and the BBC producing special reports on how robotic automation is like to impact on the workplace over the coming decade.

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