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HP cutting 9,000 jobs during billion dollar enterprise services restructuring

Nilay Patel
06.01.10
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HP isn't being shy about spending cash and taking big steps to reinvent itself lately: it just spent $1.2b on Palm in order to strengthen its consumer device portfolio, and now it's announcing another billion-dollar outlay designed to streamline its enterprise services business and fully consolidate its $12.5b acquisition of EDS. Part of the process will involve laying off some 9,000 workers over several years as HP moves to automate more and more of its data centers and integrate more of EDS, but the company is planning to add some 6,000 jobs in different areas over the same period of time, so the hurt isn't too bad. Taken together with the Palm acquisition, this means that both HP's enterprise and consumer divisions will undergo some radical changes in the next few months -- we'll see how things pan out.

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