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HP puts a number on how many jobs it’ll cut due to AI

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HP announced that it will be reducing its corporate head count due to AI-driven initiatives.

  • HP announced that it will be reducing its corporate head count due to AI-driven initiatives.
  • The PC and printer company will cut between 4,000 and 6,000 jobs by the end of fiscal 2028.
  • The company estimates it will save approximately $1 billion.

HP on Tuesday announced it will cut between 4,000 and 6,000 jobs by the end of 2028 as it goes all-in on AI.

The PC and printer company announced the cuts in its 2025 full-year fiscal report, estimating it will save approximately $1 billion by 2028 as it implements the changes.

This is a developing story. Please check back for updates.

Read the original article on Business Insider