Companies

HP’s AI Push to Trim Headcount by up to 10 Percent Through 2028

HP joined the growing number of tech and non-tech firms laying off workers to invest in artificial intelligence (AI).
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HP’s AI Push to Trim Headcount by up to 10 Percent Through 2028
The HP logo on the entrance to the Hewlett-Packard Headquarters in Palo Alto, Calif. on Sept.16, 2008. Justin Sullivan/Getty Images
Andrew Moran
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HP is the latest technology company to cut jobs as part of accelerated plans to adopt artificial intelligence (AI).

The PC and printer maker said in its Nov. 25 earnings report that it will lower global headcount by 4,000 to 6,000, a reduction of up to 10 percent, over the next three years.
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."