HP merged or closed hundreds of headquarters

Hewlett-Packard, the world's second-largest computer maker, today announced plans to merge or shut down hundreds of headquarters into a small number of headquarters. This is part of a cost-cutting plan initiated by the company a year ago.

HP Pavilion dv8000 laptop.Photo: Cnet

The company has not yet decided which headquarters will be closed and how much it will need to save in the four-year plan. The reduction of the structure will increase the functionality of the headquarters, "said Hewlett-Packard, which has a headquarters in Palo Alto, California.

Last month, HP closely linked many different functions from finishing, statistics, supply and order lines of PC, printer and server sales departments.

Executive Chairman Mark Hurd, who took over this CEO position since 2005 replaced Mr. Carly Fiorina, has cut more than 15,000 employees, accounting for about 10% of the total number of employees, saving at least 1.9 billion dollars to compete with rival companies such as Dell, the world's No. 1 PC company, and Lenovo ranked behind HP.

Lenovo has become the third largest global computer company since acquiring IBM's personal computer business in the second quarter of last year.

Yesterday, HP also announced plans to reconstruct the style and facilities with modern technology such as new Internet telephones, wireless networks and instant access to the Internet. in the living room, tea room and self-catering room.

The company also consolidates many headquarters and key offices around the globe, closing or ceding quite a lot of houses that HP is using.

About the representative offices, HP's recent announcement is to shrink 85 information data centers into 6 centers and place them in three locations.

Hewlett-Packard shares rose 49 cents, or 1.5 percent, to $ 33.26 yesterday afternoon on the New York Stock Exchange.

TB