HP is laying off up to 2,000 people of its 58,000-person global workforce. The computer and printer giant disclosed the news in an SEC filing on Thursday.
“HP expects incremental gross workforce reductions of approximately 1,000 to 2,000 employees,” the filing reads. “The changes to the workforce will vary by country, based on local legal requirements and consultations with employee works councils and other employee representatives, as appropriate.”
The layoffs are expected to occur before the close of HP’s fiscal year 2025, which ends in October. The cuts could help HP save up to $300 million, per the filing.
HP has not specified the departments set to be affected by the
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