HP to cut up to 6,000 jobs over 3 years; no details on S'pore staff

It cites need to manage costs amid falling demand for PCs

HP will eliminate 4,000 to 6,000 jobs over the next three years amid declining demand for personal computers that has cut into profits.

To manage costs, HP will cut as much as 10 per cent of its 61,000 employee global workforce over the next three years and reduce its real estate footprint, chief executive officer Enrique Lores said on Tuesday.

On the impact to the Singapore workforce, an HP spokesman told The Straits Times: "We are not disclosing any region or country details."

"We are committed to treating people with care and respect - including financial and career services support to help them find their next opportunity," the spokesman added.

HP Singapore - the tech giant's Asia-Pacific headquarters and its global manufacturing base of printer heads and ink-related supplies - has a 4,000-strong workforce here as at September 2021.