HP will remove 4,000 to 6,000 positions worldwide by end of 2025

The American manufacturer of computers and printers currently has around 61,000 employees. In the Silicon Valley, social plans are multiplying.

mo12345lemonde with AFP

HP in turn dismissed thousands of employees. The American manufacturer of personal computers and printers announced, Tuesday, November 22, that he was going to dismiss between 4,000 and 6,000 employees by 2025, becoming the last technological group to launch a social plan this fall.

The company currently has around 61,000 employees, some 10,000 more than a year ago.

“This new strategy (…) will allow us to better serve our customers and create value in the long term by reducing our costs and reinvesting in key areas for the future,” said a door -HP HP at the France-Presse agency.

With layoffs, she hopes to save 1.4 billion dollars per year, in the next three years.

Tech caught up in the crisis

Recently, its neighbors of Silicon Valley, Meta (Facebook, Instagram), Twitter, Lyft (car booking platform with drivers), Salesforce and Stripe (online financial services), among others, announced discounts of ‘substantial staff.

While the pandemic had largely benefited from the tech sector, the economic crisis has caught up its companies, some of which had hired a lot, betting on high growth over time.

In its fiscal year 2022, closed at the end of October, HP achieved a turnover of $ 63 billion, down 0.8 % over one year, of which it gave a net profit of 3.5 billion Dollars, divided by two over a year. His forecasts for the current quarter have also disappointed.

A Wall Street, its title lost approximately 1 % during electronic exchanges after the fence of the scholarship.

/Media reports cited above.