HP to cut 4,000–6,000 jobs as it leans on AI to streamline operations

Summary

HP Inc. announced a plan to reduce headcount by 4,000 to 6,000 through 2028 as part of a program to drive $1B in savings by using AI to improve product development, customer support and internal processes. The company warned rising memory costs could pressure PC margins, prompting redesigns with lower memory configurations.