HP Layoffs
February 2025
HP announced a layoff affecting 4,000 employees (10% of its workforce) in February 2025. The company operates in the Hardware sector.
4,000
10%
Feb 28, 2025
About
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.
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