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Monday, December 1, 2025

Tag: HP earnings

HP Cuts 10% of Workforce in Major AI Restructuring Plan

HP will eliminate 4,000-6,000 jobs as it pivots to AI, targeting $1 billion in annual savings by 2028 while planning PC price increases.

HP Announces 6,000 Job Cuts as Profit Outlook Misses Estimates

HP will eliminate up to 6,000 jobs by 2028 to save $1 billion annually amid rising memory costs and disappointing profit projections.