Page 2 of 2
"This transition will require some changes to the Aurasma business as we move to the next stage," said Youngjohns. "While a number of roles will remain largely unaffected by this, other roles within Aurasma will no longer be required going forward and some workforce reduction is likely."
At the same time, Youngjohns stressed that the Autonomy business for 2013 is positioned for "growth and success" with new investments including continued investments in research and development, which will result in the hiring of at least "50 additional engineers for Autonomy in the near term to lead new initiatives and further our technical prowess."
"We have three priorities: making customer success the heart of everything we do; building great products with a clear, funded road map; and leveraging the rest of HP to gain access to markets and customers," wrote Youngjohns. "Our priorities are aligned with both HP Software as well as the larger HP, and I am pleased with the progress we've made so far and very optimistic about the future of the business."
As for the job cuts, Youngjohns said HP will "hold individual discussions with employees who may be potentially affected, although the timing will vary by country, will follow the appropriate legal processes relative to reorganizing and workforce reductions. Where applicable, we have consulted with all appropriate Workers' Councils."