HP Layoffs
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HP has 3 publicly reported layoff rounds on record between February 19, 2023 and November 25, 2025. A total of about 8,100 employees were affected across these rounds.
Layoff history
On November 25, 2025, HP announced plans to cut 4,000 to 6,000 jobs, roughly 10% of its roughly 58,000-person workforce, as part of an AI-driven restructuring targeting product development, internal operations, and customer support. CEO Enrique Lores said the initiative would center on redesigning company processes around agentic AI before reducing headcount, with the goal of "disciplined execution" and "long-term value for shareholders." The company expects to realize about $1 billion in gross run-rate savings by the end of fiscal 2028, incurring $650 million in total restructuring charges, with $250 million hitting fiscal 2026. HP reported $55.3 billion in revenue for FY2025, up 3.2% year over year. The announcement came months after a separate February 2025 round that eliminated up to 2,000 positions. HP's stock fell nearly 6% following the news.
Reason: AI-driven restructuring and operational transformation
Source: wsj.com
HP approved an amendment to its multi-year restructuring plan on February 27, 2025, bringing total expected workforce reductions to approximately 4,000 employees, around 10% of its global headcount, by the end of fiscal 2025. The latest amendment added 1,000 to 2,000 positions to an earlier plan and was projected to generate an additional $300 million in annualized savings, pushing the program's total to roughly $1.9 billion across fiscal years 2023 through 2025. The cuts targeted factory and supply chain workers, consumer PC support staff, HR and back-office administrators, and legacy hardware engineers. Post-pandemic weakness in consumer PC demand drove much of the pressure, with revenue falling 7% to 11% in units in Q1 2025. The company was also exiting Chinese manufacturing facilities and directing savings toward an AI pivot, including a February 2025 acquisition of Human AI for $116 million. CEO Enrique Lores told Bloomberg the reductions would fall across all parts of the company.
Reason: Post-pandemic PC demand decline, supply chain reorganization, and AI investment pivot
Source: sfchronicle.com
HP disclosed a workforce reduction affecting its Tel Aviv operations in February 19, 2023. Approximately 100 roles were eliminated.
Source: themarker.com
Data for HP is compiled from public WARN Act filings and reporting linked above. See our methodology.