Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag HP to cut 4,000–6,000 jobs by 2028 to boost AI adoption and save $1B annually.

flag 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. flag 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. flag 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.

56 Articles