"to drive customer satisfaction, product innovation, and productivity through artificial intelligence adoption and enablement."
"These are some of the most difficult decisions we need to make, and we are committed to treating our colleagues with care and respect."
"We have a significant opportunity to embed AI in everything we do and"
HP plans to reduce global headcount by approximately 4,000 to 6,000 employees by the end of its 2028 fiscal year, roughly 7–10% of a 58,000-strong workforce. The company expects to incur about $650 million in restructuring costs for layoffs and severance and to realize about $1 billion in annual savings afterward. Leadership frames the restructuring as a move to drive customer satisfaction, product innovation, and productivity through AI adoption and enablement. CEO Enrique Lores called the decisions difficult and pledged to treat affected colleagues with care and respect. Other tech firms have similarly cited AI amid recent workforce cuts.
Read at SFGATE
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