Hewlett Packard, Inc. Announced Thursday it will wind down operations in Boise, Idaho, and fully exit the site by October 31, 2027.
HP to Leave Boise After Nearly 50 Years
The decision, communicated to employees via email and a subsequent Zoom call, impacts approximately 1,100 workers, many of whom are employed within the company’s LaserJet division. An employee, speaking anonymously, described the news as “hard and devastating,” but acknowledged the Boise site had been shrinking in recent years.
HP recently announced an early retirement program for U.S.-based employees aged 55 and older with at least ten years of service. The timing of the Boise closure announcement, 18 months in advance, appears to allow eligible employees to consider this option. Affected workers are expected to receive more information regarding individual transition options from their departments by May 1.
The company, headquartered in California’s Silicon Valley, sold its Boise property to the state of Idaho in 2017 but continued to lease office space. HP also spun off its computing services division as Hewlett-Packard Enterprise in 2015.
In a statement, an HP Inc. Spokesperson said the decision is part of an effort to align the company’s real estate footprint with its “global location strategy.” The spokesperson stated, “Decisions that impact people are some of the most challenging decisions any company makes, and we do not capture them lightly. We value our longtime presence in Boise, and we are deeply committed to treating our employees with respect and care.” The spokesperson did not respond to a request for further details.
Company leadership is scheduled to visit the Boise campus next week.
Frequently Asked Questions
What is the timeline for HP’s exit from Boise?
HP Inc. Will wind down its Boise operations and fully exit the site by October 31, 2027.
How many employees are affected by this decision?
Approximately 1,100 employees in Boise are affected by the closure, primarily those working in the LaserJet division.
What has HP said about the impact on employees?
HP Inc. Stated that decisions impacting employees are difficult and that the company is committed to treating employees with respect and care. Employees will receive more information about transition options by May 1.
As HP prepares to leave Boise, what impact will this have on the local economy and the future of the tech industry in Idaho?
