HP to cut up to 6,000 jobs by 2028 in Ai Forformation Transformation

HP announced on Tuesday that it plans to cut between 4,000 and 6,000 jobs by the end of 2028 as part of its push.

The potential potential in the Palo Alto, California-based company could represent 10% of the workforce, according to stock analysis.

Accounts report that PC and printer stocks fell 5.5% in trade trading.

The Pakteri cut is part of the company’s initiative to generate $1 billion in cost savings in the Power branch by the end of fiscal 2028, and $650 million, $250 million of which is expected in fiscal 2026.

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Employees represent HP products during the convention. (istock / istock)

COO EnRIs LORT attached cutting not only by costs, but about changing operations.

“Our FY25 results demonstrate the strength of this portfolio and the strength of other teams in the area as well,” he said in a statement. “Our Power Accelerates March Innovation Charned AI Tools. Gain productivity, security, and flexibility for our customers,

The private sector added better—42,000 jobs in October, the adp said

The Hewlett pack logo in front of the office Oct., 2019, in Palo Alto, Calif. (Justin Sullivan / Image Image / Image Image)

According to the reserve presentation, HP’s strategy is to “drive customer satisfaction, product innovation, and innovation through pasterue savings through” training consolidation.

During the call to the media, the two said that the company does not encourage the use of Ai to stimulate its business strategy.

“Two years ago, we started doing a pilot on how to help us run these things,” Jalur said. “Usually what we learn is that we need to structure the organizational process, and sign we know how to biruede using AI, it really has the most important impact.

In this illustrative image, the HOewT-package log is shown on a smartphone with an artificial intelligence chip. (Budusrul Chukrut / SOPA / Lithtrocket / Ragin Image)

The company laid off 2,000 workers in February as part of an earlier resolution plan, according to the Tech Peckrips .fyi site.

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The announcement comes back to the results of fispal live 2025, which shows $ 55,300 million in annual revenue, up to free cash income, and free laap fees, and $ 2.7%.

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Reuters contributed to this report.