HP to Lay Off 4,000 to 6,000 Employees Over the Next 3 Years

HP will be cutting 4,000 to 6,000 jobs as part of its plans to drive growth, innovation, and customer satisfaction using AI. The layoffs were announced during last week’s Q4 earnings call and will be implemented by the end of the fiscal year of 2028.

“It’s something we have to do to make sure the company stays competitive,” CEO Enrique Lores said. He added that layoffs will primarily impact those in product development, internal operations, and customer support roles.

HP expects the…