Location: Palo Alto, California, USA.
Based on news reporting.
HP Inc. has announced layoffs affecting approximately 4,000 employees as part of its restructuring efforts following disappointing Q4 earnings guidance. The layoffs are a response to declining demand for personal computers and printers, which have significantly impacted the company's financial performance. The job cuts are expected to take effect immediately, with the company aiming to streamline operations and reduce costs. This decision reflects broader challenges in the tech industry, where many companies are facing similar pressures. HP's management has indicated that these layoffs are necessary to ensure long-term sustainability and competitiveness in a rapidly changing market.
HP Inc. cut 4,000 jobs as of October 1, 2023.
That is roughly 6.9% 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.
Anonymous by default. Be kind — people reading this may be going through it right now.
HP Inc. cut 4,000 jobs on October 1, 2023. If you were part of this round, what was your experience? Others going through it are reading. You can post anonymously below.
Share your story anonymously — it helps others reading this feel less alone.
Share your story →Recent tracked events at this company.