HP says hired 2,300 people since buying Compaq
LAKE BUENA VISTA, Fla., Oct 8 (Reuters) - Technology company Hewlett-Packard Co. (HPQ) has hired 2,300 people largely for its printing and services divisions since it bought Compaq Computer Corp. on May 7, even as the company cuts jobs in other areas, Chief Executive Carly Fiorina said on Tuesday.
"In places where we have been growing rapidly, we have been hiring from the outside," Fiorina said during a Gartner technology conference here.
"We've hired since May 7 about 2,300 people from the outside. Much of that is in imaging and printing. But as well, a lot of that is in managed services," she said.
For instance, she said, the company took on about 1,500 employees as part of a $1.5 billion technology and services deal it signed with Canadian Imperial Bank of Commerce (CA:CM) .
HP also has been cutting jobs as it had planned due to its purchase of its one-time rival Compaq.
Fiorina said that the majority of the 10,000 job cuts planned for this year will come in the fourth fiscal quarter ending Oct. 31.
The company recently said it would cut 1,800 additional jobs on top of 15,000 previously planned after the merger, and Fiorina said on Tuesday that many of those new cuts will come from the enterprise division, which makes sophisticated computers, typically for large corporations. It is that division that was hardest hit during HP's most recent quarter.
"What we're trying to do is pull our work force restructurings forward as much as we can," she said. |
