Location: United States.
Based on news reporting.
HP Inc. has announced layoffs affecting approximately 600 employees as the company grapples with weak guidance and challenges posed by U.S. trade regulations. The layoffs come as part of a broader strategy to streamline operations in response to declining demand for personal computers and printers. The company’s shares have fallen in light of these developments, reflecting investor concerns about its future performance. While specific departments affected were not disclosed, the layoffs are indicative of the ongoing struggles within the tech industry, particularly in hardware manufacturing.
HP Inc. cut 600 jobs as of October 1, 2023.
That is roughly 1% of the 58,000 people HP Inc. employs.
LayoffTalk has tracked 14 layoff events at HP Inc. since October 2023, affecting a combined 15,100 employees.
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