29-05-2009 The Times Online: Britain is hit hard in Hewlett-Packard’s plan to cut 5,700 jobs

Excerpt from the Times Online article:

Hewlett-Packard struck a further blow to the beleaguered manufacturing industry yesterday by cutting hundreds of jobs in Britain as part of a move to lose 5,700 positions in the Europe, Middle East and Africa (Emea) region.

The printers group blamed plummeting demand for computers, printers and IT services for the job losses, which are part of a big savings drive.

More than 700 full and part-time workers at its plant in Erskine, Renfrewshire, were made redundant yesterday. The company is moving production of servers and storage devices to the Czech Republic to save money. About 15,000 of its full-time employees in Emea – including thousands of UK workers – will lose their jobs as part of a programme that began in September and will run until May 2011, the company said.