HP to cut about 6,000 jobs by 2028, ramps up AI efforts
HP Inc. plans to cut up to 6,000 jobs globally by 2028 to save $1 billion annually by adopting AI to improve productivity, innovation, and customer satisfaction.
- HP Inc revealed on Tuesday that it will sack between 4,000 and 6,000 workers under an AI plan announced with its Q4 results, which beat a $1.4 billion cost savings target.
- The company launched a company-wide programme led by an executive reporting to Lores, aiming to boost customer satisfaction, product innovation and productivity through AI amid rising memory prices.
- HP plans to qualify lower-cost suppliers and redesign portfolios for reduced memory configurations to cut component expenses while AI PCs with curated applications lifted productivity by 16 percent.
- The company projects approximately $1 billion of gross run-rate savings over three years across product development, customer service and operations, framing this as replacing about ten percent of the company's people with AI.
- Full-Year revenue hit $55.3 billion, though earnings fell, and HP warned margins for personal systems will likely be impacted in H2, underscoring the programme's urgency.
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The manufacturer of PCs and HP printers hopes to fire about 10% of its plant by fiscal year 2028, which would mean a cut of between 4,000 and 6,000 jobs worldwide. An announcement that came in the context of the quarterly results report that did not meet market expectations. The cuts will result in about $650 million in restructuring costs, some $250 million of them in fiscal year 2026, which began on November 1, the company said in a statement …
In the tech sector, numerous companies are investing heavily in the development of artificial intelligence. The US manufacturer is now following suit – at the expense of thousands of employees.
The computer group HP plans to save up to 6000 jobs in order to increase productivity and customer satisfaction through artificial intelligence. The job reduction should be completed in three years.
HP has reopened layoffs in major technology.The US manufacturer of personal computers (PC) and printers has announced an adjustment plan that contemplates the departure of between 4,000 and 6,000 employees, around 10% of the total, in parallel with the introduction of new initiatives linked to artificial intelligence (IA).The firm had a workforce of 58,000 workers.Continue reading
The computer group HP wants to save up to 6,000 jobs by using artificial intelligence more strongly. Nevertheless, the industry leader warns against rising prices for memory chips.
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