H-P cuts 25,000 jobs

Hewlett-Packard has announced plans to cut nearly 25,000 jobs as part of a move to make almost $2bn (£1bn) in cost savings over the next three years. It comes as the company attempts to integrate IT giant Electronic Data Systems, which it acquired earlier this year.

It is understood that almost half the jobs losses will be in the US, with most the cuts coming from EDS’s legal, IT support and human resources teams.

HP says it plans to “replace roughly half of these positions over the next three years to create a global workforce that has the right blend of services delivery capabilities to address the diversity of its markets and customers worldwide”.

The company announced plans to acquired IT outsourcer EDS for $14bn (£7bn) in May this year. The deal was completed in late August.

HP also announced today that BT has signed a $660m (£330m) contract amendment with HP to extend the transformation of its technology environment

Latest from Marketing Week


Access Marketing Week’s wealth of insight, analysis and opinion that will help you do your job better.

Register and receive the best content from the only UK title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work. The more we know about our visitors, the better and more relevant content we can provide for them. And, yes, knowing our audience better helps us find commercial partners too. Don't worry, we won't share your information with other parties, unless you give us permission to do so.

Register now


Our award winning editorial team (PPA Digital Brand of the Year) ask the big questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.


From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we are your guide.


Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Having problems?

Contact us on +44 (0)20 7292 3703 or email customerservices@marketingweek.com

If you are looking for our Jobs site, please click here