France -HP to cut 520 jobs in France as it restructures its European activities -July 5, 2012

In May Hewlett-Packard has announced it is cutting its work force by 27,000 worldwide, of which 8,000 jobs in Europe, the Middle East and Africa (EMEA). HP has now announced 520 of those jobs will come from France, representing around 10% of its employees in the country. In a statement, HP said the redundancies are expected to be arranged by voluntary departures through an early retirement scheme. Unions are angered by the lay-offs in an otherwise healthy company and have announced mobilisation of their members across Europe. Especially painful, unions report, is the simultaneous announcement that 210 young people will be hired in the next three years; the same period 520 older people will be let go.

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