Hewlettt Packard, the US computer group, has announced that it plans to cut up to 16,000 more jobs as part of its latest re-structuring plan — on top of the 34,000 reductions planned back in 2012.

A company statement said: “As HP continues to ‘re-engineer’ its workforce to be more competitive and meet its objectives, the previously estimated number of eliminated positions will increase”.

Meg Whitman, president and CEO, said: “With each passing quarter, HP is improving its systems, structures and core go-to-market capabilities. We’re gradually shaping HP into a more nimble, lower-cost, more customer- and partner-centric company that can successfully compete across a rapidly changing IT landscape.”