Total number of jobs cut at HP as the firm restructures has jumped from 27,000 to 29,000, according to a Securities and Exchange Commission (SEC) filing.
The jobs cuts come as part of HP's massive restructuring dubbed the "2012 plan". The global restructure will see the Silicon Valley heavyweight cut jobs in an attempt to streamline its businesses practices after a difficult financial year.
"On 23 May 2012, HP adopted a multi-year restructuring plan (the "2012 Plan") designed to simplify business processes, accelerate innovation and deliver better results for customers, employees and stockholders," HP wrote in its SEC filing.
"HP estimates that it will eliminate approximately 29,000 positions in connection with the 2012 Plan through fiscal year 2014,"
HP announced its 2012 restructuring last May. At the time, the company projected a loss of 27,000 employees through lay-offs and an enhanced early retirement programme. However, the company's new projections show the programme will last into 2014 and expand cuts by 2,000.
The additional 2,000 more jobs cut will look to reduce HP overhead by a grand total of $3.7bn. HP employs some 350,000 employees worldwide. The company's 29,000 job cuts will see its overall workforce shrink by 8.3 percent.
HP has struggled in recent years. Late last month company chief executive Meg Whitman reported a total loss of $8.9bn for its most recent financial quarter. Whitman partially blamed the downturn on the company's inability to properly "execute" its plans in 2012.
The struggling PC manufacturer saw major losses in its sales figures for computers this year. HP reported a 10 percent downturn in overall computer sales for the last quarter.
HP also confirmed reports that the company has settled on former Microsoft executive Robert Youngjohns to head up Autonomy. Youngjohn will take over for the recently-departed Mike Lynch.
The company said Youngjohn official title will be senior vice president and general manager of Autonomy/Information Management (IM) business unit.
Youngjohn will report directly to executive vice president of HP Software George Kadifa. He takes up the reins on 17 September.
"Robert's background of strong business and leadership excellence makes him ideally suited to lead this business," said Kadifa.
"I am excited to see the guidance he will bring to our Autonomy/IM business and the insights and perspectives he will add to the HP Software leadership team."
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