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HP to cut 4,000–6,000 jobs by 2028 to boost AI adoption and save $1B annually.
HP will cut 4,000–6,000 jobs (about 10%) by 2028 in a major restructuring to speed up AI adoption, aiming to save $1 billion annually as automation reshapes roles in customer support, data entry, and programming.
The company cited shifting PC and printing demand, even as quarterly profit fell to $795 million and EPS dipped slightly; revenue still rose 4.2% to $14.64 billion, beating forecasts on strong PC sales.
HP plans price hikes and new supplier partnerships to offset rising AI infrastructure costs, aligning with a wider tech-industry shift toward leaner operations and AI-focused investment.
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HP recortará 4,0006,000 empleos para 2028 para impulsar la adopción de la IA y ahorrar $ 1B anualmente.