Computer maker HP to cut up to 6,000 jobs by 2028 as it turns to AI

HP to Slash 4,000 to 6,000 Jobs by 2028 as it Shifts to AI-Powered Growth

In a move that signals its commitment to artificial intelligence (AI), computer hardware giant HP Inc. plans to cut between 4,000 and 6,000 jobs worldwide by the end of October 2028. The restructuring plan, which is expected to result in $1 billion in annual savings, will see job losses across various departments, including product development, internal operations, and customer support.

The decision comes as HP seeks to accelerate its product innovation, improve customer satisfaction, and boost productivity through AI adoption. According to CEO Enrique Lores, embedding AI into the company's operations will be crucial to driving growth in the years to come.

However, the job cuts are not without precedent, with many tech companies opting to reduce workforce numbers as they shift towards AI-powered automation. In recent months, several US technology companies have announced significant layoffs, citing consumer spending slowdowns and higher prices as key factors.

Analysts predict that up to 3 million low-skilled jobs could disappear in the UK by 2035 due to automation and AI, with the National Foundation for Educational Research warning of a significant impact on occupations such as trades, machine operations, and administrative roles.

The impact of AI on employment is a pressing concern globally. According to a report by the McKinsey Global Institute, about 40% of jobs in the US could be replaced by AI, with tasks such as data entry, financial processing, and drafting documents likely to be automated.

Despite the challenges posed by AI adoption, HP's latest quarterly earnings report revealed strong demand for AI-enabled PCs, which accounted for over 30% of its shipments. However, the company's adjusted net earnings per share forecast for the coming year was below analysts' expectations, citing added costs from US trade tariffs.

As the tech industry continues to navigate the impact of AI on employment and growth, HP's decision serves as a reminder that companies must adapt quickly to remain competitive in a rapidly evolving landscape. With AI set to play an increasingly important role in driving business innovation, it remains to be seen how this trend will affect job numbers in the coming years.
 
ai is just a reflection of our current tech advancements πŸ€–πŸ’» but what about the humans who are losing their jobs? 4k to 6k people will be affected and that's a lot of families struggling to make ends meet πŸ€‘πŸ‘ͺ it's like we're being pawns in this game of technological progress without thinking about the consequences on human lives πŸ€”πŸ’Έ
 
ai is gonna change everything πŸ€–πŸ’»
think about it, we got 4k to 6k jobs gone by 2028 lol what about all the people working on customer support & product dev? they'll be like "wait what's my job again?" πŸ˜‚
but on a more serious note, i think hp is making a smart move, we gotta adapt or die 🀯
ai is not just some fancy tech, it's a reality that's already here and gonna shape the future of work πŸš€
i wonder how many low-skilled jobs will disappear by 2035 in the uk... like, trades & admin roles? πŸ€”

anyway, i made a quick diagram to help visualize hp's plan πŸ“Š

```
+---------------+
| Job Losses |
+---------------+
|
|
v
+---------------+
| AI Adoption |
| (product dev, |
| customer support)|
+---------------+
|
|
v
+---------------+
| New Job Focus |
| (AI tech, data |
| analysis, etc.) |
+---------------+
```

let's see how this all plays out πŸ€”πŸ‘€
 
AI is takin' over big tech companies and it's not just about savin' costs πŸ€–πŸ’Έ. It's a whole new level of efficiency, but what's happenin' to all these people who are losin' their jobs? I mean, we're already seein' like 3 million low-skilled jobs disappear in the UK by 2035... it's scary thinkin' about the impact on our society. Can't we find ways to upskill and reskill instead of just layin' people off? πŸ€”πŸ’»
 
AI is just a fancy word for "I don't wanna do my job anymore" lol 🀣. Seriously though, I mean who doesn't love saving $1 billion a year? Sounds like HP's gonna have some serious cash to splash around on new AI-powered gadgets! But honestly, 4,000-6,000 jobs lost? That's just devastating for those folks' lives... and their Netflix subs πŸ“Ί.
 
I'm so down for 4,000-6,000 people losing their jobs because of AI... like, who doesn't want to work less and get more paid for doing less? It's all about efficiency and productivity, right? And honestly, I think it's refreshing to see a company taking control of its own destiny and not holding onto outdated jobs. πŸ€–πŸ’Έ
 
Ugh, another company cutting jobs to save cash πŸ€‘... I mean, I get it, AI is the future and all that, but what about the people who are gonna lose their jobs? πŸ€” I'm sure they'll just find new gigs elsewhere, but still... 4-6k people losing their jobs? That's a lot of lives impacted. And it's not like HP is doing this out of the goodness of its heart, they're trying to save $1 billion πŸ’Έ. But what about the cost to society? 🀝 I know some companies are saying that AI will create new jobs, but where's the proof?
 
πŸ€– So yeah, 4k-6k jobs gonna go 🚫, that's crazy talk! I mean, HP's all about embracing AI and saving $1b πŸ’Έ, but who's gonna be affected? Those low-skilled jobs are already in trouble with the UK predicting 3m disappearances by 2035 πŸ“‰. McKinsey says 40% of US jobs could get automated... that's a lot! 🀯 I'm not saying AI is bad or anything, but companies gotta think about people too 🀝. HP's trying to innovate and grow with AI-powered growth πŸš€, but it's gonna be interesting to see how this all plays out πŸ’­
 
I'm not sure I'm sold on HP's plan to cut thousands of jobs just to shift towards AI-powered growth πŸ€”. Don't get me wrong, I think automation and AI have their place, but at what cost? πŸ’Έ 4,000 to 6,000 people losing their jobs is a pretty big price tag to pay for "growth". And what about the workers who might not be so lucky when companies like HP adopt AI-powered automation? πŸ€– It's all well and good that the company expects to save $1 billion annually, but have they considered the human cost of those savings? πŸ’Έ
 
I'm not sure I love the idea of HP cutting 4-6k jobs πŸ€”. On one hand, I get that they need to adapt to AI-powered growth and stay competitive in a rapidly evolving industry πŸ’». But at what cost? It's a lot of people losing their jobs and it's not just about the number, but also about the impact on those who are left behind 😬.

I'm glad HP is investing in AI, though πŸ€–. It's an important step towards innovation and customer satisfaction. And hey, maybe this will lead to more efficient processes and better use of resources πŸ’Έ. But we need to make sure that the benefits of AI aren't just felt by companies like HP, but also by workers who are displaced 🌎.

It's interesting that analysts are predicting up to 3 million low-skilled jobs could disappear in the UK by 2035 πŸ“Š. That's a big number and it highlights the need for a more nuanced approach to job displacement πŸ”. We need to be thinking about how we can support workers who lose their jobs, rather than just cutting costs and hoping for the best πŸ’ͺ.

Overall, I'm cautiously optimistic that HP's move will lead to positive changes in the industry 🀞. But I hope they're also considering the human impact of their decisions πŸ‘₯.
 
um so like hp is gonna cut 4000 to 6000 jobs by 2028 and thats kinda scary i dont know about all these new tech things but i do know that my friend who works at hp just got laid off and now hes looking for a new job 😞 he was really good at his old job too maybe its not all bad news tho? did anyone else hear about this? what are the chances of getting laid off if u work at a big company like hp? πŸ€”
 
I'm getting that vibe from my old mate Dave who used to work at a factory, he lost his job when they got automated, and now he's working as a freelancer... or something πŸ€”. It's just crazy thinking about how much technology can replace jobs. I mean, I remember back in the day, if you wanted to make a computer, you actually had to solder it yourself, now it's all about AI and automation... it's like we're living in a sci-fi movie πŸš€.
 
I don't think 4,000 to 6,000 jobs is that many, considering HP's huge customer base and the fact they're pushing for AI-powered growth πŸ€–. I mean, if AI can do tasks faster and cheaper, it should be able to replace some of those roles without too much disruption. But at the same time, it's good they're trying to adapt and evolve - I hope they invest in retraining programs or something so their employees aren't left behind πŸ’Ό. And yeah, it's crazy to think 3 million jobs could disappear by 2035... that's a lot of people losing their gigs 🀯.
 
I'm low-key worried about these 4,000 to 6,000 HP job losses πŸ€”... it's just another sign that tech companies are shifting towards AI automation πŸ’». I get that it's about growth and productivity, but what about all the people who'll be affected? 🀝 It's not just low-skilled jobs either – analysts say up to 3 million UK jobs could disappear by 2035 due to automation 🚨. It's a huge concern for many workers. I'm curious to see how HP will support its employees through this transition, though...
 
I'm not sure I buy into the whole "AI is gonna save us" narrative just yet... πŸ€” Still, I get why companies like HP are making these moves - it's all about staying competitive and embracing new tech trends. The thing is, while AI might be great for driving growth and innovation, it's also got some serious implications for workers who aren't exactly tech-savvy. I mean, we're already seeing a rise in automation replacing low-skilled jobs, and it's only gonna get worse unless governments and educators are proactive about upskilling and reskilling people. It's not all doom and gloom, though - AI could also create new opportunities for folks who are good at working with machines or who have skills that can be adapted to a more automated world. We just need to make sure everyone has access to the training and resources they need to thrive in this brave new world... 🌎
 
man, this is like super concerning 🀯... i get it, companies gotta stay relevant and adapt to the times, but 4k-6k jobs just vanish? that's some harsh math πŸ“Š... meanwhile, AI is already makin' waves in the industry, but what about all those ppl who got trained in tradin' or admin roles? they're just gonna lose their jobs overnight? πŸ˜” it's like, we gotta think 'bout the future of work and make sure everyone's good to go with this AI shift... can't just leave them high & dry πŸ’”
 
I remember when we were still using dial-up internet and had to wait forever for our emails to load lol. Anyway, I'm not surprised that HP is cutting jobs to focus on AI. It's like they're saying "back in my day" we didn't need all these jobs to make computers work πŸ€–. But seriously, it's scary how fast technology can change and make some jobs obsolete. I mean, who needs customer support reps when you have chatbots, right? πŸ˜‚ Anyway, I just hope that those laid-off workers get retrained or find new jobs quickly. It's a tough time for many people πŸ€•.
 
AI is just going to make more people redundant πŸ€–πŸ’Έ I mean, think about it, 4k to 6k jobs getting axed by 2028? That's crazy! And it's not like HP is trying to help those laid off folks either... they're gonna get $1 billion in savings from all the cuts πŸ˜•. What's wrong with them? Can't just automate everything and expect everyone to be happy about it πŸ™„. Mark my words, AI is gonna change the game, but not for the better 🚫
 
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