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HP, Job Cut Timeline Tuesday, October 7     Author
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HP drops 4 research groups in downsizing  Hewlett-Packard has dismantled some research groups at HP Labs, including one led by Alan Kay Hewlett-Packard cuts 14,500 staff
World News World Job Cut (37) USA (201) Bay Area Bay Area Job Cut (160) HP (97) Business Business (74) Job Cut
2005 (4) 2004 (1) 2003 (1) 2002 (5) 2001 (4)
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Real Estate

HP to cut 24,600 jobs as EDS integration
Sep. 15
  Hewlett-Packard plans to slash 8% of its work force ver the next 3 years, as it combines operations with Electronic Data Systems

year 2005 Top ^

Jul.22
Jul.19
  HP is to lay off about 10% of its workers over the next 18 months as part of its long-awaited restructuring
May.21 15,000 could lose jobs in current quarter  CEO Mark Hurd said the company needs to reduce costs to become more competitive

year 2004 Top ^

Nov.23 $200 million hit for staff reductions  Hewlett-Packard said that the reductions in the first half of fiscal 2005 would cost roughly $200 million

year 2003 Top ^

May.20 Jobs cut as earnings beat expectations  Hewlett-Packard is cutting 3,500 more jobs beyond the measures taken during its integration with Compaq

year 2002 Top ^

Sep.25 HP to cut additional 1,800 jobs
  The company blamed the reductions on a continued market slowdown and to have a competitive structure
Jul.15 Infrastructure software lines discontinued  The cuts will be part of the 15,000 already being carried out. Ex-Bluestone Software technology is affected Jun.20 Contract workers to be fired  Hewlett-Packard may dismiss some of the 4,000 contract employees after mandatory three-week break May.7 Merger Layoffs Will Hit At Least 15,000
  CEO Carly Fiorina says she will try to keep the lid on layoffs

year 2001 Top ^

Sep.4 HP, Compaq See Job Cuts  Merging companies will cut 15,000 jobs in 2002 and expect a slight revenue decline in 2003 Jul.26 HP cutting 6,000 jobs
  Hewlett-Packard Co. lowered its sales forecasts yet again and is slashing 6% of work force
Apr.18 HP to cut 3,000 jobs  Hewlett-Packard lowered earnings forecasts again cutting up to 3,000 management jobs or 3.5% Jan.27 HP to Cut 2% of Jobs  Long-planned marketing restructuring



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