HP cuts Belgian workforce by a tenth

Technology company HP is axing 265 jobs in Belgium. The job losses were announced at a special works council in Diegem (Flemish Brabant) on Wednesday.

Worldwide HP is scrapping 29,000 jobs. The job losses in Belgium mean that a tenth of HP's Belgian workforce is losing their job.

HP Director Belgium, Eric Van Bael, explained that the company is taking action to shore up its profitability in the long term and restore its competitive position.

HP is simplifying its structure by merging its PC and print divisions in Belgium.

Eric Van Bael: "The means freed up in this way will be reinvested in research and development in the company."

HP has plants in Diegem, Mechelen and Kortrijk.