The invention provides a laser compound strengthening technology, which comprises the following steps of (1) carrying out femtosecond laser micro machining on a blade area of a hard alloy cutter, so as to obtain pits arranged in certain sequence; (2) carrying out laser shock peening in the blade area of the hard alloy cutter; (3) coating on the surface of the cutter after laser shock peening; and (4) carrying out laser shock wave microtexture forming process on the blade area of the coated hard alloy cutter, so as to obtain a laser compound strengthening model. The laser compound strengthening technology comprises four steps, namely, laser micro machining, laser chock peening, surface coating, and the laser shock wave microtexture. According to the laser compound strengthening technology, residual compressive stress, infiltration characteristic, heat transmission, cooling and lubricating conditions of the blade area can be obviously improved, built-up edges and burrs are reduced, and nickel base material is prevented from being attached to the surface of the cutter, so that the service life of the cutter is prolonged, and the stability of the manufacture quality is improved.