HP SET PLAN OF DOWNSIZING IN CHINA

AsiaInfo Services, May, 2002

AsiaInfo Services 05-21-2002 HP Set Plan of Downsizing in China CHINA, May 21, 2002 (AsiaPort via COMTEX) -- HP China Group announced that they has set the plan of downsizing, which would be carried out in several weeks, and determined the most important task of the group in one month was to grasp the quality clients.

The new management rank of HP China would come into being in following two or three weeks. Sun Zhengyao, the CEO of HP China expressed that the most urgent two tasks at present time were that: 1, the regrouping of organization, which included the selection of staffs and strengthening of core competitiveness; 2, establishing new enterprise's culture. According to the introduction, most of the staffs hoped to maintain their positions in the new HP...

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