HP made a call to its investors just before the market opened on June 1 to announce changes it will be making: A $1 billion investment in data center automation and charges against jobs cuts.
9,000 employees will be affected by job cuts at HP, many of these likely hold IT operations positions, such as system administrators. However, the company plans to hire 6,000 more people with IT architectural and sales skills.
Experts say that HP will move its customers to more standardized platforms and technologies, and potentially offer public and private cloud services. It will turn its focus to x86 applications for consolidation and virtualization rather than mainframe and Unix systems.