Hewlett Packard closing Cupertino campus

July 16, 2010 12:44:44 PM PDT
Computer giant Hewlett Packard plans to close its Cupertino campus.

Several thousand workers will be transferred to HP's Palo Alto headquarters over the next two years.

The 100-acre campus in Cupertino has been home to some of HP's personal computer division, as well as some commercial software and hardware units.

Cupertino's mayor says the announcement is a blow to the city, which gets significant tax revenue from HP's operations.

The company's chief administrative officer released a memo to employees Thursday saying, "Consolidating employees will create a more productive, flexible, ecological...and highly energized work environment."


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