HP to cut about 6,000 jobs by 2028, ramps up AI efforts


FILE PHOTO: HP (Hewlett-Packard) logo is seen in this illustration taken August 19, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -HP Inc said on Tuesday it expects to cut between 4,000 and 6,000 jobs globally by fiscal 2028 as part of a plan to streamline operations and adopt artificial intelligence to speed up product development, improve customer satisfaction and boost productivity.

Shares of the Palo Alto, California-based company fell 5.5% in extended trading.

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