HP Plans Up To 2,000 Layoffs To Balance Costs Amid Tariff Unknowns

Published on February 28, 2025

The Palo Alto, Calif.-based PC and printer maker said the cuts should save the company an additional $300 million as part of its Future Ready program designed to restructure the company for efficiency. Future Ready is now on track to save HP $1.9 billion between 2023 and the end of this fiscal year.