HP said it would cut 4,000 to 6,000 jobs, up to about 10% of its workforce, by the end of fiscal 2028 under a restructuring plan centered on adopting AI to raise productivity and save at least $1 billion a year.
AI
Company cited AI: HP's earnings presentation tied the workforce reductions to a plan to raise productivity through AI adoption.
Each layoff is an announcement a company made or confirmed, with at least one source. Employee totals add the numbers as stated: “about”, “at least” and “up to” figures count as given, and layoffs without a number count toward companies and layoffs only. Headquarters filters use where a company is based, not where the cuts happen.
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