HP is considering up to 33,000 layoffs as it splits apart

[Updated: Added new figures for consumer division] Hewlett Packard Enterprise, the newly created enterprise business of Hewlett-Packard, is considering 25,000 to 30,000 layoffs as it splits into two companies, according to a developing story by Bloomberg. And HP’s consumer division is also considering an additional 3,000 layoffs.

We’re checking with HP, once the world’s largest tech company by any number of measures, for clarification, but we do know the company is already in the midst of shaving back payroll as it divides into an enterprise company and a consumer tech company.

HP’s enterprise hardware, software and services businesses will be known as Hewlett Packard Enterprise, and run by current chief executive Meg Whitman. The other branch will be made up of the PC and printer businesses. The latter will be called HP Inc., and will keep the HP logo.

At the company’s analyst meeting today, Tim Stonesifer, chief financial officer of Hewlett Packard Enterprise, said that the company will incur a charge of about $2.7 billion related to the restructuring.

HP had previously disclosed $2 billion in expected cost cuts in the services division within Hewlett Packard Enterprise, and it has found additional cuts worth $700 million across the rest of the company.