HP

HP laid off 4,000 employees on 2025-11-25.

HP is undertaking a significant workforce reduction as part of its ongoing restructuring plan, with the company confirming it will lay off approximately 4,000 to 6,000 employees over the next three years. This represents about 10% of its global workforce, which totals around 61,000 people. The layoffs, announced in late 2022, are driven by efforts to cut costs and streamline operations amid challenging market conditions in the technology and personal computing industry. As a major multinational corporation in the IT hardware sector, HP aims to achieve substantial savings through this restructuring while navigating a slowdown in demand for PCs and printers.

HP is laying off approximately 100 employees in Israel as part of broader workforce reductions, impacting its local workforce of about 2,600. The layoffs, announced in February 2023, primarily affect HP Indigo, the company's largest division in Israel focused on digital printing press manufacturing, with additional cuts in marketing and local headquarters operations. This move reflects ongoing adjustments within the technology and printing industry, as HP, a global tech giant, streamlines its operations amid market challenges.