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HP plans to cut 4,000-6,000 jobs by 2028 “as part of a plan to streamline operations and adopt artificial intelligence,” reports Reuters. From the report: HP’s teams focused on product development, internal operations and customer support will be impacted by the job cuts, CEO Enrique Lores said during a media briefing call. “We expect this initiative will create $1 billion in gross run rate savings over three years,” Lores added. The company laid off an additional 1,000 to…
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HP plans to cut 4,000-6,000 jobs by 2028 “as part of a plan to streamline operations and adopt artificial intelligence,” reports Reuters. From the report: HP’s teams focused on product development, internal operations and customer support will be impacted by the job cuts, CEO Enrique Lores said during a media briefing call. “We expect this initiative will create $1 billion in gross run rate savings over three years,” Lores added. The company laid off an additional 1,000 to…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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