Computer maker HP to cut up to 6,000 jobs by 2028 as it turns to AI
NegativeArtificial Intelligence

- HP has announced plans to cut up to 6,000 jobs globally by 2028 as part of a strategy to enhance product development through increased use of artificial intelligence. This decision follows a lower-than-expected profit outlook for the upcoming year, indicating a shift in the company's operational focus.
- The job cuts are expected to save HP approximately $1 billion annually, reflecting the company's efforts to streamline operations and improve customer satisfaction amid a challenging market environment.
- This move aligns with broader trends in the technology sector, where companies are increasingly adopting AI to optimize processes, but it also raises concerns about job displacement and the potential for significant workforce reductions across various industries, as highlighted by recent studies on automation's impact on low-skilled jobs.
— via World Pulse Now AI Editorial System




