HP has announced it will reduce its global workforce by a further 2%, or about 6400 jobs, in addition to a 26,000 company-wide redundancy programme announced last year.

The new round of job cuts will include 80,000 in Europe over the next two years in response to worsening market conditions.


HP’s announcement fuels concerns that the European technology market is yet to recover from the global economic downturn.

Other firms to have recently announced job cuts in Europe include Logica, Sage and Aveva.

Mark Hurd, chief executive at Hewlett-Packard, said in May that the company had seen improvements in the US and Chinese consumer markets, while sales in the Europe, Middle East and Africa region fell by 11%.