HP’s AI Apocalypse: 6,000 Jobs Vaporized by 2028
KEY POINTS
- •HP announced on a recent Tuesday it will cut between 4,000 and 6,000 jobs by the end of fiscal 2028.
- •This reduction is part of HP's move to adopt AI-driven initiatives across its corporate workforce.
- •HP estimates these job cuts will save the company approximately $1 billion by 2028.
- •Following the announcement, HP’s stock fell more than 5% in after-hours trading.
In an epic 'robots steal your lunch' saga, HP declared it will slash between 4,000 and 6,000 jobs by fiscal 2028 as it goes full-on AI overlord. The iconic PC and printer giant, not content with making your Wi-Fi scream, forecasts saving around $1 billion. Investors responded with a classy 5% stock dip after hours, because nothing says 'party' like mass layoffs and budget cuts. Details popped up in HP's earnings report on a Tuesday that probably felt less like a ‘thank god it’s Tuesday’ and more like 'who brought the guillotine?' Keep your eyes peeled – it’s a story developing faster than a printer jam on deadline.
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HP plans to fire up to 6,000 humans by 2028, handing their jobs to AI while investors scream louder than a printer error at 3 am.
Cutting 6,000 jobs to save $1 billion by 2028? HP’s AI is basically the corporate Grim Reaper with a laser printer.
Who needs humans when you have AI? HP’s rewriting 'how to fire thousands' manual in real time. Spoiler: not by email.
Source: Businessinsider | Published: 11/25/2025 | Author: Katherine Tangalakis-Lippert
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