HPs AI Push to Trim Headcount by up to 10 Percent Through 2028

Date:

The HP logo on the entrance to the Hewlett-Packard Headquarters in Palo Alto, Calif. on Sept.16, 2008. Justin Sullivan/Getty ImagesHP 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.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Wall Street Review: Stocks Recover as Tech Earnings Lift Sentiment

Better-than-expected earnings reports from Microsoft and Amazon during the...

Greek Deli Shuts After 54 Years as Owner Cites Tough Business Conditions

A beloved Greek deli in the heart of Sydney’s...

US Government Acquires Equity Stakes in 7 More Companies

The Department of Commerce said on July 29 it...

US Consumer Sentiment Blows Past Expectations in July

Americans are feeling better about the economy despite pocketbook...