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HP Inc: number of employees 2001-2019

In 2019, after the formation of the new HP Inc, there were approximately 56 thousand employees at the company. The California-based company develops PCs, printers, and related peripherals and supplies. The majority of their revenue comes from the sale of desktop and notebook computers, with printer supplies and printers, both commercial and consumer, making up the remainder.

Adaptions to changing PC market

As part of its push to remain a leader within the PC market, HP Inc established an ongoing restructuring period, and decided to lay off at least 4,500 employees by the end of fiscal year 2019. It expects charges of about 700 million U.S. dollars pretax related to the layoffs. Additionally, the company has redesigned its portfolio of products, incorporating in numerous new technologies such as virtual reality and 3D printing.

HP Inc is created

As the PC market shifted away from hardware manufacturing to software and cloud services, the Hewlett Packard Company grew and spun off its enterprise products and services businesses into the HP Enterprise Company (HPE) in 2015. The rest of the original HP Company, its personal computer and printer divisions, was renamed as the independent company HP Inc. In this separation, 270,000 employees were rerouted to one company or the other.

Number of employees at HP Inc (Hewlett Packard) from 2001 to 2019

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Source

Release date

December 2019

Region

Worldwide

Survey time period

2001 to 2019

Supplementary notes

On 1 November 2015, Hewlett-Packard Company split into HP Inc., a printer and personal computer developer and manufacturer; and Hewlett Packard Enterprise (HPE), focused on servers, storage, networking, and business services.

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Statistics on "Hewlett Packard Inc"

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