https://layoffcheck.com/companies/hp Layoff and WARN notices reported for HP. en-us https://layoffcheck.com/companies/hp#2025-11 https://layoffcheck.com/companies/hp#2025-11-196 Tue, 25 Nov 2025 12:00:00 GMT 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. https://layoffcheck.com/companies/hp#2025-02 https://layoffcheck.com/companies/hp#2025-02-421 Fri, 28 Feb 2025 12:00:00 GMT 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. https://layoffcheck.com/companies/hp#2023-02 https://layoffcheck.com/companies/hp#2023-02-2114 Sun, 19 Feb 2023 12:00:00 GMT HP reported a workforce reduction in Tel Aviv in February 19, 2023.