Local experts provide the latest information on Healthcare issues that matter to you
Oregon Hewlett-Packard layoffs begin in inkjet division
07:49 AM PDT on Wednesday, August 20, 2008
CORVALLIS, Ore. (AP) -- Layoffs at the Hewlett-Packard inkjet printing division in Corvallis have begun.
The Gazette-Times newspaper reports the California-based computer giant calls it the "Print 2.0 transformation" of the way it does business.
HP officials confirm that some cuts are expected but did not say when.
kgw.com graphic
The company's inkjet printing technology was developed by Corvallis engineers in the mid-1980s.
The Gazette-Times reported months ago that HP managers planned to shut down one of three silicon wafer fabrication facilities at the Corvallis site and that more than a third the 850 employees would be laid off.
On Tuesday, HP announced its quarterly revenues rose 10 percent to $28 billion, ahead of Wall Street expectations. But personal printers slipped 14 percent compared to last year.
More Headlines...
Most Viewed Stories
Below is a list of the most popular stories read by our subscribers this week.
Jimi Hendrix drummer found dead in Portland hotel
Family mourns for brothers who drowned in Willamette
Body found outside church in SE Portland identified
Witnesses: Teacher seen hunting alone in area near fatal shooting
Popular Stories






You must be logged in to contribute. Log in | Register Now!
You are logged in as screenname | Log Out
You are logged in, but do not have a "screen" name. Update Your Profile