
HP has revealed plans to cut thousands of jobs as the company pushes further into artificial intelligence and attempts to simplify its operations. The giant tech firm confirmed that between 4,000 and 6,000 positions will be removed globally by the end of its 2028 fiscal year. The initiative forms part of a much larger cost saving programme that is expected to deliver about one billion dollars in gross run rate savings within three years, which is roughly equal to £800 million (approximately $1billion).