The Australian division of Hewlett-Packard grew its headcount by 22.9 per cent in the year to 31 October 2008, new documents have revealed, even as the company was finalising plans to cut a substantial number of workers from its newly combined operation with EDS.
The Australian division of Hewlett-Packard grew its
headcount by 22.9 per cent in the year to 31 October 2008, new
documents have revealed, even as the company was finalising plans
to cut a substantial number of workers from its newly combined
operation with EDS.
At that date the company had 3,028 staff in Australia, according
to its annual financial report filed last week with the
Australian Securities and Investments Commission, up from 2,464 the
year previously and almost back to 2006 levels of 3,063.
A HP spokesperson declined to reveal the cause of the boost in numbers.
In late December, EDS' new Australian chief David Caspari told
ZDNet.com.au that the 7.5 per cent staff cut goal was "by and large" completed locally, although he didn't go into further detail.
The financial results also revealed that HP's Australian
operation had suffered a flat year in 2008, with revenues only
rising 1.8 per cent over the previous year to hit $3.27 billion.
Net profits sank 45 per cent to $44.3 million. The company's
employee expenses sank 7.2 per cent to $513.7 million.
The documents also revealed how much HP Australia paid its
executive team; in total, $5.35 million, up from $5.24 million the
In 2008 that team included the company's Australia and New
Zealand chief, Asia-Pacific vice president Paul Brandling, as well
as Anne La Fountaine, who became finance director of HP Australia
on 15 July 2008, and Shane Lucas, who recently stepped down from
his role as vice president and general manager of HP's local
imaging and printing group. He was replaced by Richard Bailey.
Janice Cox was also recently appointed to be vice president of
HP's South Pacific personal systems group, replacing Tony Bill.
Another director, Ian Watts, also recently resigned as a
director of the local company.
The documents also detailed the acquisitions HP has made in the
region over the past several years and the amount it paid on
paper for them: datacentre automation specialist Opsware Australia
($1), thin client specialist Neoware Systems [Australia] ($1),
Exstream Pacific ($1.3 million) and Tower Software ($55.89 million).
Several of these firms were the local assets of companies HP
acquired globally. The company's acquisition of EDS was not
included as part of the 2008 financial results.