HP plans 1,400 job cuts in Germany

HP plans 1,400 job cuts in Germany

"Some 1,150 of the cuts are expected at the subsidiary Electronic Data Systems, while 250 jobs will likely come from the main company, said spokesman Norbert Gelse.

HP, whose German base is near Stuttgart in Boeblingen, will work out a plan for the cuts with labor representatives over the coming weeks, Gelse said."