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Mark Stedman/Photocall Ireland

HP Ireland: job losses will impact 'every business and region'

But there is no specific details for the 4,000 people currently employed at HP Ireland.

THOUSANDS OF WORKERS at Hewlett Packard’s Irish operations are waiting to hear to what extent massive restructuring proposals will impact their jobs.

Last night, the global corporation announced 27,000 job cuts as part of a $3.5 billion savings plan.

HP Ireland told TheJournal.ie that “unfortunately there is no additional information to share at the moment” as no specific plans with regards to specific locations have been revealed. However, a spokesperson said that the company expects the workforce reduction to impact “just about every business and region” over the next year-and-a-half.

About 4,000 staff are employed at HP’s Leixlip plant in Kildare and the Ballybrit facility in Galway city.

The cuts announced yesterday evening represent HP’s largest in its 73-year history. The reductions will affect about 8 per cent of  the nearly 350,000 employees by the time the restructuring is completed in October 2014.

It is hoped that early retirement packages will help avoid a large number of actual lay-offs.

HP CEO Meg Whitman said that the company plans to funnel most of the savings into developing more products and services that could help HP adapt to tech shifts that are driving demand for more mobile computing and software that is provided over high-speed Internet connections.

“While some of these actions are difficult because they involve the loss of jobs, they are necessary to improve execution and to fund the long term health of the company,”Whitman said in a statement.

More: HP to cut 27,000 jobs from global workforce by late 2014>

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    Mute Paul Gorry
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    Oct 20th 2022, 10:21 PM

    Bannon the loose cannon. Lock him up.

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    Mute Mick Tobin
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    Oct 20th 2022, 10:25 PM

    This Bannon is a scary fella. This is an interesting read: Inside Steve Bannon’s ‘disturbing’ quest to radically rewrite the US constitution – https://www.theguardian.com/us-news/2022/oct/19/steve-bannon-us-constitution-tea-party-republican-state-legislatures

    - “By taking over state legislatures, Republicans hope to pass conservative amendments that cannot be electorally challenged”

    The idea is to invoke a route in the constitution that’s never been used to change the constitution: by getting 34 states to agree to a constitutional convention. Because small rural states like Wyoming with half a million citizens have an equal say as California with 40 million, this could be a way for the conservative US to try and cement their power – in the light of the changing demographics they cannot and will not adapt to – and make it immune to electoral challenge.

    “The problem is, any time the administration swings back to Democrat – or radical progressive, or Marxist which is what they are – we are going to lose the gains. So you do the structural fix”, said a Tea Party founder, one of Bannon’s guests on his show.

    19 states have already signed up for a constitutional convention, and six more are considering it, and after the coming midterms it could be even more. Who knows, Republicans could end up overplaying their hand with this plan, but it might also just as well end up working.

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    Mute Bridget O'Hanlon
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    Oct 21st 2022, 8:47 AM

    Aww, shame. Anyway…

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