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, one of the company's central divisions operating in the country.
HP Indigo specializes in the development and production of advanced digital printing presses, which are sold to customers around the world. It is one of the company's most significant operational centers in Israel, employing hundreds of workers in the fields of engineering, development, and manufacturing.
According to reports in the financial media, the layoffs are part of a broader efficiency process the company is undergoing. As of now, no precise details have been provided regarding the exact number of employees who will be affected by the move or the timeline for when the departure procedures at the company will be completed.
This announcement comes during a challenging period for the Israeli high-tech sector, which is dealing with changes in the global market and the need for multinational companies to adjust their organizational structures to the current economic reality. The company's employees have received an update on the situation, and HP management is expected to support the employees who will be leaving their positions in the coming period.