HP Indigo firing 50 employees in Israel in another round of layoffs
HP Indigo firing 50 employees in Israel in another round of layoffs
One year after cutting 100 jobs in the country, the American conglomerate is laying off an additional 2% of its local team
HP Indigo is laying off another 50 employees in Israel. The company employs around 2,500 people in the country, meaning the layoffs account for around 2% of its local workforce. The move comes less than a year after the technology giant cut 100 jobs in Israel as part of a global cutback plan, which according to the company will include the laying off of between 4,000-6,000 of its 51,000 employees by the end of 2025.
HP also laid off around 60 employees from its Netanya branch in October 2022, which previously served as a site for Scitex Vision, sold to HP in 2005. Most of HP’s activity in Israel is concentrated under Indigo, which HP acquired in 2001.
“As part of HP's plan to improve efficiencies and better serve customer needs, we are making some adjustments to our current structure that impact a small number of local positions,” HP Indigo said in a statement. “These are the toughest decisions any company makes, and we are treating everyone with care and respect, including financial support and outplacement services. HP remains committed to our HP Indigo team and continues to invest in our local business in Israel.”
HP Indigo Division is a division of HP Inc.'s Graphic Solutions Business. It was founded in 1977 in Israel and acquired by Hewlett-Packard in 2001. HP Indigo develops, manufactures, and markets digital printing solutions, including printing presses, proprietary consumables/supplies, and workflow solutions.
