A number of companies are downsizing again

Absrtact: Although companies are publishing the latest products, the global IT industry is still facing severe challenges. Yesterday, both IDC and JPMorgan reported that sales growth in global PCs and peripherals would slow this year, while several companies released last year

Although companies are publishing the latest products, the global IT industry is still facing severe challenges. Yesterday, both IDC and JPMorgan reported that sales growth in global PCs and peripherals would slow this year, while a number of companies issued a second layoff message since the end of last year, with Hewlett-Packard, the world's largest PC maker, saying The scale of the restructuring announced in May this year will be 29,000, 2000 more than the initial estimate of 27,000, while Philips Electronics and Kodak announced yesterday that they would be laid off again.

Industry said that as the global economic pressure is still, it consumption is facing downside risks, the performance of the impact of the background, layoffs will be the most direct way to reduce costs, so or more companies will be added to the second wave of layoffs.

PC boss is under a lot of pressure

Hewlett-Packard said in a document submitted to regulators that the downsizing of the restructuring plan announced in May would reach 29,000 per 27,000 more than the initial estimate of 2000, and Hewlett-Packard said the restructuring plan would include about $3.7 billion trillion in restructuring costs. And as the world's largest PC manufacturer, Hewlett-Packard Company is now a "big pressure".

According to Xinhua news agency, the world's leading consumer technology market advisory Body International Data Company (IDC) 10th, the latest data showed that as of the second quarter of 2012, Hewlett-Packard Company remains the world's top PC manufacturers, global shipments of 13.4 million, market share of 15.5%; But China's Lenovo company ranked second, shipments of 12.9 million, market share of 14.9%, and HP is not far apart. Recently, Lenovo bought a Brazilian PC company to increase market share competition with HP.

The net loss for HP was $8.857 billion in the year ended July 31, with a net profit of $1.926 billion in the same period last year, with Hewlett-Packard losing $4.49 a share over the same period last year, with a earnings of 93 cents a share in the same quarter, the data showed.

A number of companies are downsizing again

In addition to the increase in HP company layoffs, including Philips, Kodak Company announced another layoffs. Philips Electronics said yesterday it had raised its cost-cutting target to € 1.1 billion (about $1.4 billion trillion) and said it would lay off another 2200 people, and last October Philips Electronics had announced plans to cut 4500 people and had planned to reduce the cost of 800 million euros. According to data released last October, Philips saw net profit of 7400 euros in the quarter last year, down 85.9% per cent year-on-year. Kodak also announced yesterday that it will lay off at least 1000 more people by the end of the year, and according to media reports, Kodak has laid off 2700 people this year, and Kodak said the downsizing plan will save 330 million dollars a year for Kodak.

or more companies downsizing

While sales of mobile devices, software and corporate networking products have performed well, this year's IT spending growth will fall from 8.5% last year to 5.9%, according to the IDC report, with European IT spending growth of just 1% per cent this year and global IT spending at a low rate due to Europe's poor economy. Since the beginning of this year, faced with the continuous spread of performance, the world has been a number of IT companies announced the big layoffs, including well-known mobile phone companies in June this year announced a layoff of 10000 people, RIM announced a job cut 5000 people, Cisco announced that 1300 people to lay off and so on. Industry analysts believe that if the global economy continues to slump, the impact of performance will be inevitable, in order to reduce costs, or more companies to carry out a second wave of layoffs.