Risk of 500 Jobs Loss

500 jobs in the Irish plant of a global leading printer and PC manufacturer are to be removed for the sake of the company’s operation in the future.

According to irishtimes.com, the senior management from Palo Alto in HP U.S. is said to have briefed the staff in HP’s Irish plant about the layoff.

HP’s Irish plant is located in Leixlip, Co Kildare of Ireland. The plant mainly focuses on manufacturing ink-jet printer cartridges and also conducting research, development and business analytics.

At present, HP’s operations are gradually concentrating on the U.S. Its traditional printer and PC businesses have suffered serious financial pressure since the split from Hewlett Packard in 2015.

The company announced cutting around 3,000 to 4,000 jobs from 2017 to 2019 to reduce cost back in October, 2016.

It also disclosed that the cuts would cost around US$350 million-US$500 million in restructuring charges.

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