New wave of layoffs at HP Israel
The global technology company HP has announced a plan to carry out another round of layoffs in Israel. The move is expected to affect dozens of employees in the "HP Indigo" division, which is based in Israel and focuses on the development and manufacturing of advanced digital printing presses.
According to reports in the financial media, the layoffs are part of a broader organizational efficiency drive by the company. The Indigo division is considered one of HP's most significant operations in Israel, employing thousands of workers at its development and manufacturing centers in the Kiryat Gat area.
The company has not yet released the exact number of employees who will be affected by the move, but estimates suggest that dozens of positions will be eliminated in the near future. Employees at the company have received initial updates regarding the expected changes to the division's organizational structure.
The decision to lay off staff comes at a time when many technology companies globally and in Israel are making adjustments due to the global economic situation. For high-tech workers in Israel, this is difficult news, especially following the holiday period during which many companies are re-evaluating their work plans for the coming year.
As of now, HP Indigo management is working with employee representatives to manage the separation process in an orderly manner. The company is expected to continue its ongoing operations in Israel, while focusing on its flagship products in the digital printing sector.