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124 Job Losses At Computer Firm Hp

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http://www.thestar.co.uk/news/business/124-job-losses-at-computer-firm-1-5765675

Half the staff at a Sheffield IT contractor have been told they face redundancy - with up to 124 jobs at risk.

Computer giant Hewlett Packard has announced up to half of the 250 staff at the company’s base on Napier Street, Sheffield, could be axed.

The change will involve moving the roles to Cobalt in the north east of England and Erskine, near Glasgow. The Scottish site is in an area where there are incentives for companies to set up.

Staff at Napier Street provide IT support for the Department for Work and Pensions.

No relocation package has been made available to people wishing to apply for redeployment.

And when the incentives run out in Cobalt / Erskine they'll get moved again. Excellent distortions in the job market.

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HP has got a big presence in cobalt already, they had lots of people already and then bought EDS which brought with it a lot more. Lots of space in Cobalt - many empty buildings too (but they'll probably stay in the HP specific or EDS building.

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  • 242 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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