Plano braces for HP layoffs - Dallas News |

Plano braces for HP layoffs

Posted: Updated:
HP Enterprise Services Group office in Plano HP Enterprise Services Group office in Plano
PLANO, Texas -

Hewlett-Packard layoffs could cost the city of Plano up to $2 to $3 million in potential sales tax.

HP announced 27,000 job cuts worldwide. And the company's Enterprise Services Group housed at the old EDS facility in Plano is expected to take the biggest hit.

"They're a major corporation so they contribute in property tax, but they also contribute in sales tax," said City Manager Bruce Glasscock.

Small business owners in the area are bracing to absorb the hit.

"I'm concerned that there's less employees at each company every day and that means less people coming to Sal's. The less people come to Sal's the bigger problem I have," said Kenny Jakova from nearby Sal's Pizza.

An estimated 5,000 HP employees work in the Plano office. There is no word yet on exactly how many Plano-based employees will lose their jobs or when the layoffs will go into effect.

Powered by WorldNow

400 N. Griffin Street
Dallas, Texas 75202

Main Station Directory:
(214) 720-4444
News Fax:
(214) 720-3263 or (214) 720-3333

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices