HP Indigo laying off dozens of employees in Israel

The digital printing company is laying off 2% of its employees in Ness Ziona and Kiryat Gat.

HP Indigo Digital Presses in Israel is laying off dozens of its workforce of 2,400, about 2% of its workforce at its plants in Ness Ziona and Kiryat Gat, the company has announced. HP acquired Indigo in 2001.

Last February HP Indigo laid off 100 employees across the company in all departments as part of HP's decision to lay off 12% of its workforce worldwide over three years from November 2022. The latest layoffs are also part of this worldwide streamlining process, and will also be across the board in all departments of the company.

HP said, "As part of HP's plans to improve efficiencies and better serve customer needs, we are making some adjustments to our current structure that impact a small number of local (Israel) positions. 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."

Published by Globes, Israel business news - en.globes.co.il - on January 21, 2024.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2024.

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