Browsing: Frank van Rees

It’s not yet known how Hewlett-Packard’s plan to shed 27 000 jobs in the next two and a half years will affect the company’s SA subsidiary. The IT giant said on Wednesday that it plans to shed the jobs, or about 8% of its worldwide workforce of nearly 350 000 people, by the end of its 2014 financial year

Hewlett-Packard is unlikely to sell its PC business and will probably choose to spin it off into a separate company still owned by HP, says Frank van Rees, the company’s SA MD. HP shocked the markets a month ago when it said it was considering spinning off or even