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

- HP has announced plans to cut up to 6,000 jobs globally by 2028 as part of a significant restructuring effort aimed at accelerating product development through the adoption of artificial intelligence. This decision follows a lower-than-expected profit outlook for the upcoming year, reflecting ongoing challenges within the company.
- The job cuts are expected to save HP approximately $1 billion annually, highlighting the company's strategic pivot towards AI technologies to enhance efficiency and customer satisfaction amid declining stock performance.
- This move aligns with a broader trend in the tech industry, where companies are increasingly leveraging AI to streamline operations and reduce costs, often resulting in workforce reductions. The decision underscores the ongoing challenges faced by traditional tech firms as they adapt to rapidly evolving market demands.
— via World Pulse Now AI Editorial System







