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1 July 2020
HP Indigo Cuts Staff In First Wave
ISRAEL—
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Alon Bar-Shany considered the driving force behind Indigo
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Indigo has let 102 employees go and cut contracts with 30 freelancers. Earlier this month, the company’s longtime general manager Alon Bar-Shany resigned . The company’s new general manager is Haim Levitt who previously ran the company’s GTM division. This is believed to be the first wave of layoffs in the HP Indigo division.
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HP key digital press platform
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Indigo employs 2,800 people in Israel and 1,000 more across the world. Sales of HP Indigo’s digital printers reach an estimated $1.5 billion a year. CEO of HP Lores announced a reorganization plan that will begin in 2020 and end in 2022 and which will include cutting the company's workforce by 7,000-9,000 employees, or up to 16% of the 55,000 people working for HP around the world.
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