Tag: Hewlett Packard

  • US tech giant Hewlett Packard plans up to 6,000 job cuts

    US tech giant Hewlett Packard plans up to 6,000 job cuts

    PC-maker Hewlett Packard on Tuesday said it would layoff as many as 6,000 employees over the next three years as the slumping world economy continues to embroil the US tech sector.

    HP, which has a payroll of about 61,000 people, said it aimed to secure $1.4 billion in annual savings through 2025 as it followed the cost-cutting path of other tech giants such as Facebook-owner Meta, Amazon and Twitter.

    The plan “will enable us to serve our customers better and drive long-term value creation by reducing our costs and reinvesting in key growth initiatives to position our business for the future,” HP CEO Enrique Lores said in a statement.

    Meta said earlier this month it will lay off more than 11,000 of its staff and Twitter saw half of its 7,500-strong employees culled just days after billionaire Elon Musk took over the company in late October.

    “These are the toughest decisions we have to make, because they impact colleagues we care deeply about. We are committed to treating people with care and respect…” an HP spokesperson said in an email to AFP.

    HP, which makes computer hardware and printers, announced the layoff plan as it announced an 11.2 percent fall in revenues to $14.8 billion for the final fiscal quarter of 2022.

  • Alibaba hosts intellectual property event

    Alibaba hosts intellectual property event

    Chinese online commerce giant Alibaba Group has hosted an inaugural Rights Holders Collaboration Summit involving international brands and the intellectual property (IP) enforcement community to enhance collaboration in the fight against infringements.

    More than 100 Chinese and international brands as well as trade associations attended the event, including Adidas, Apple, Burberry, Hewlett Packard, Louis Vuitton and Mars, the Chinese British Business Council (CBBC) and the Quality Brand Protection Committee (QBPC).

    Alibaba also announced the launch of the IP Joint-Force System, an online platform designed to streamline IP-related communications between the group and brands. The system aims to build a more collaborative working relationships with international brands as Alibaba continues its fight against counterfeits and IP infringement.

    New challenges

    With eCommerce becoming a way of life and the internet sector continues to evolve, brands and online marketplaces alike face new IP enforcement challenges, says Alibaba Group chief platform governance officer Jessie Zheng.

    “As the leading online marketplace, we have a responsibility to all our constituents to govern our platform and find innovative solutions. The Rights Holders Collaboration Summit and IP Joint-Force System are a couple of the many ways Alibaba is working closely with rights holders in our efforts to eradicate counterfeits both online and offline.”

    All brands in the “Good Faith Takedown” program are eligible for the IP Joint-Force System, which came into effect this month. This Alibaba program was launched last year to expedite the notice-takedown process for brands that submit valid counterfeit complaints. Many of the more than 700 brands involved in the program are participating in the first phase of the IP Joint-Force System, including Adidas, Apple, Mars, Philips and Procter & Gamble.

    With more than a billion products listed across its marketplaces at any given time, Alibaba Group’s data analytics and processing technologies enabled it to remove more than 120 million infringing product listings last year, which is eight times the number of counterfeit products removed based on takedown requests from brands.

    Dedicated support

    For the IP Joint-Force System, each participating brand is assigned a dedicated online portal and Alibaba account manager to enhance collaboration, heighten transparency around IP enforcement efforts, and reinforce mutual understanding and trust. The system enables Alibaba to directly and efficiently seek information from rights holders regarding suspected counterfeit product listings.

    It also lets brands identify the authenticity of a product and easily notify Alibaba of any infringements. Alibaba will then initiate the Good Faith Takedown process and immediately remove the listing without subsequent correspondence with the brand.

    “The IP Joint-Force System is a revolutionary industry solution that will redefine how IP enforcement is conducted in the digital age – where brands and eCommerce marketplaces work collectively and strategically to combat counterfeiters,” says Alibaba Group head of global IP enforcement Matthew Bassiur.

    “This is one of several game-changing approaches Alibaba will be advancing to both simplify and greatly enhance our overall enforcement process.”