HP to axe UK jobs

HPOver 1,000 jobs at HP UK will disappear next year, as part of its move to restructure its global business.

The cuts will hit HP at Warrington, Sheffield and Bracknell.

Some people will be redeployed within the company.

600 of the job cuts will go at its Bracknell HQ.

Last week HP released its fourth quarter results which showed mixed results.  But like other tier one vendors, HP has suffered from a decline in people buying PCs using X86 chips.

Meg Whitman, the CEO of HP, has vowed to turn the company round. But HP is quite a big ocean going liner and turning it round isn’t exactly a piece of cake.