HP has announced plans to cut between 4,000 and 6,000 jobs by the end of fiscal 2028. The decision is attributed to the integration of artificial intelligence technologies within the company. HP estimates that these job cuts will result in savings of approximately $1 billion.
This move comes as companies across various sectors continue to adapt to advancements in AI, reshaping their workforce and operational strategies. The job reductions are part of a broader trend where organizations are leveraging technology to enhance efficiency and reduce costs.
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