PLANO (CBSDFW.COM) – An HP spokesperson says there will be layoffs at HP’s Plano plant as part of the company’s 27,000-position reduction –– the question is how many.
On Wednesday, HP said it would be laying off 8 percent of its workers worldwide. The cuts will take place between now and October 2014. But the company hasn’t specified how it will divvy those cuts up –– just that nearly every branch of the business will be affected.
A spokeswoman who wouldn’t provide her name said the company will offer an early retirement program to those willing to leave voluntarily. Plano Economic Development Corporation Director Sally Bane says it’s too early to anticipate what the local impact will be.
Nevertheless, HP is the third largest employer in the city, with about 5,000 employees locally. The company says these cuts will save at least $3 billion, which it plans to reinvest into “strategic” areas of its business.
The city did say if HP plans to make significant layoffs locally, it will have to tell city leaders ahead of time.
That hasn’t happened yet.
“We understand they may be going through some transitions and changes but we’re not sure what that impact is here locally,” said Jamee Jolly, spokeswoman for the Plano Chamber of Commerce.
EDS, which was headquartered in Plano, was bought by HP in 2008. HP is headquartered in Palo Alto, Calif.