Computer and printer maker Hewlett-Packard Co. will cut 2 percent of its employees, about 6,400 people, to save money.
On Tuesday, the company said its profits for the second quarter fell 17 percent to $1.7 billion. HP projects its sales will drop 4 percent to 5 percent for the full year. Earlier estimates had put the drop between 2 percent and 5 percent.
The company did not say what locations would be affected by the cuts. In Albany, N.Y., HP operates EYP Mission Critical Facilities--A Division of HP. EYP specializes in strategic technology planning, design and operations support for large data and control centers that must remain operational at all times.
Personal computer sales will be particularly hard hit, the company expects.
Overall, HP has about 321,000 workers. It has 4,000 workers in Ireland and plans to add 500 jobs near Dublin, though it also cut some jobs there. It also has a big presence in India.
The company’s situation in Colorado Springs illustrates the complex calculus of job creation and job cuts. HP asked permission last month to build a big data center, worth up to $260 million, according to some reports, at its existing campus in Colorado Springs. That center will add about 25 jobs (plus 300 to 400 temporary construction jobs), but at the same time, HP is closing a call center in the city that employs 800.
Colorado Springs offered a package of tax rebates to entice HP to keep 125 more “high-paying” jobs in the area.
Some of the 800 call center workers were offered jobs if they’d move to Rio Rancho, N.M., where Hewlett-Packard is building a 1,350-person call center, due to open at the end of the year.
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