1,000 to 2,000 more jobs added to existing restructuring plan
Source-backed update · Announced reduction · HP Inc.
EventApproved February 27, 2025; disclosed in a filing February 28, 2025
ReportedFebruary 28, 2025
Added to WorkHushFebruary 27, 2025
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Sources
SEC Form 10-Q (HP Inc.) · Feb 28, 2025Supports: HP said that on February 27, 2025 it approved an amendment to its Future Ready (fiscal 2023) plan adding about 1,000 to 2,000 workforce reductions and about $150 million in additional charges, mainly labor costs.Open the sourceThe Register · Feb 28, 2025Supports: Reported the additional 1,000 to 2,000 job cuts as an amendment to HP's multi-year restructuring plan, based on the company's filing.Open the source
Not in the sources
The filing gives only a range, does not state a revised total for the plan, and does not say which teams or locations were affected.
More job cuts in February 2025 ›