I'll post some of the info that transpired back in December 2013 and early January 2014. In short, it looks like we'll cut additional 10% of the workforce, 30K people, with family members, roughly 100K people will be affected. That's a small or medium size city here in the states - I am surprised HP is not on the front page of every news site... Anyhow, HP filed a report back in late Dec 2013 and it made the bigger layoff official, it was declared that HT would cut 34,000 jobs.
Here's what HP said in that SEC document:
Due to continued market and business pressures, as of 10/31/2013, HP expects to cut an additional 15% of those 29K positions, or a total of approximately 34K positions, and to record an additional 15% of that $3.60 billion in total costs, or approximately $4.10 billion in aggregate charges. The company expects to record these charges through the end of 2014 fiscal year as the accounting recognition.
That reference to Oct. refers to a statement by Cathie Lesjak (CFO) during an analysts call when she warned again that HP might cut even more people:
So, Toni, lets start with the restructuring program. Our restructuring program is really on track. At the end of fiscal 2013, on a program to date basis, roughly 24.6K people exited under the program. So that’s just under 13K in fiscal 2013. As we talked about Security Analyst Meeting, our current plan is to end -- at the end of 2014 at the high-end of our range, so 29K plus 15%, so somewhere between 33K and 34K people.
NOTE: HP CEO Meg Whitman has promised that HP will not do another big layoff once this one is complete. It is supposed to end by October (2014)...