Home > Ireland > HP Inc to close Leixlip site with loss of close to 500 jobs over 12 months

HP Inc to close Leixlip site with loss of close to 500 jobs over 12 months

Written by Robert McHugh, on 8th Feb 2017. Edited on 9th Feb 2017 Posted in Ireland

article headline

It has been confirmed by HP Inc this morning that the company has made the decision to close its global print business at the Leixlip site.

It is likely that close to 500 HP employees will be impacted and leave the business over the next 12 months.
 
According to a statement released today, HP’s global print business is working to drive continuous efficiencies and cost savings that enable investment in new market opportunities and growth initiatives, such as 3D printing. As a result, the company made the decision to close their global print business at the Leixlip site. 
 
HP set up its first HP sales office in Ireland in 1976. The HP Liffey Park Technology Campus in Leixlip, Co. Kildare was established in 1995. In November 2015, the company separated into 2 companies, Hewlett Packard Enterprise and HP Inc. 
 
In today's statement, the company noted, "This decision is not a reflection on our Ireland employees or on the site’s performance. We are very aware of the impact this decision will have on our employees in Ireland and we are focusing all of our efforts on supporting them, on identifying opportunities for them and on providing a programme to help them prepare for the transition ahead."

Source: www.businessworld.ie

About us

More articles from Ireland

image Description

Ireland boasts active M&A sector despite global uncertainty

Read more
image Description

Britain reaffirms opposition to a "hard border" in Northern Ireland

Read more
image Description

Minister says EU demand that Apple pay Ireland 13bn in back taxes unjustified

Read more
image Description

Irish Government welcomes UK's approach to N. Irish border

Read more
image Description

Irish Food Companies encouraged to 'Think Digital'

Read more