Breaking News: Hewlett-Packard Closing Medellin’s Ruta-N, Commercial Offices

Finance Colombia has learned that global IT giant Hewlett Packard will be closing its Medellin offices in the Ruta-N business incubator, and other commercial offices based in the city. The California based computer and services company has been in a period of uncertainty for some time, and recent plans have been announced to split the company in two globally, among computing hardware and services lines.

Leading BPO journal Nearshore Americas first broke the story, and according to their sources, Hewlett Packard failed to make the necessary investments to ensure the center’s success. Finance Colombia spoke with industry sources familiar with the situation who explained that the project’s sponsors were ousted along with former CEO Mark Hurd, essentially orphaning the project under the incoming Carly Fiorina administration. Fiorina was later ousted as CEO, and current head Meg Whitman has plans underway to split Hewlett Packard into two companies…for the second time. Hewlett Packard’s testing and laboratory equipment division was spun off some time ago as Agilent.  Remaining HP employees that are not laid off, such as account executives, will likely work from home.

Above: Hewlett Packard’s Medellin offices in the Ruta-N facility (photo credit: Loren Moss)