This giant computer manufacturing company will lay off 6,000 employees, a major step taken in the name of AI upgrades!
The world of technology is rapidly changing, and employees are paying the heaviest price for this change. While companies are trying to catch up with Artificial Intelligence (AI), thousands of jobs are at risk. In this context, HP Inc., the world’s leading computer manufacturer, has made a major announcement. The company is now planning to cut 4,000 to 6,000 employees by 2028. This is due to the adoption of AI-based systems to make operations faster, more accurate, and cost-effective.
The company says that in the future, AI will help create new products faster, improve customer support, and increase the speed of work. According to HP CEO Enrique Lores, this change will save the company approximately $1 billion over the next three years. However, the loss will be felt by thousands of employees whose jobs will now be lost due to AI.
Second major layoff at the company
In February of this year, HP laid off 1,000 to 2,000 employees. Now, the company has again expanded its restructuring plan, preparing to lay off up to 6,000 employees. This time, the biggest impact will be on product development, internal operations, and customer support teams.
Growing Demand for AI PCs and Chip Price Pressure
HP stated that demand for AI-enabled personal computers is growing rapidly, and 30% of the company’s total PCs shipped in the fourth quarter were AI PCs. However, a major side effect of this growing demand is the rising prices of memory chips. Due to the high demand for AI infrastructure in data centers, the prices of DRAM and NAND chips are continuously rising. This could put significant pressure on the profits of companies like HP, Dell, and Acer. HP states that the biggest impact of the chip price increase will be felt in the second half of 2026. The company currently has sufficient inventory to cover the first six months, but there is a serious risk of cost increases later.
Weak profit guidance raises concerns
The company has also lowered its profit forecast for 2026. HP expects earnings per share to be between $2.90 and $3.20, which is lower than market expectations. Consequently, the company’s shares fell 5.5%.
