World is rapidly moving towards artificial intelligence (AI), and this shift is now having a direct impact on employees’ jobs. A leading computer manufacturing company has announced that it will lay off 6,000 employees in the coming years.
Job Cut: The world of technology is rapidly changing, and employees are bearing the brunt of 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 significant announcement. The company is 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 claims that AI will enable faster development of new products, improved customer support, and increased speed. 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 large-scale layoff at the company
In February of this year, HP also laid off 1,000 to 2,000 employees. Now, the company has again stepped up its restructuring plan, preparing to lay off up to 6,000 employees. This time, the biggest impact will be on the product development, internal operations, and customer support teams.
Growing Demand for AI PCs and Chip Price Pressure
HP reported 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 consequence of this growing demand is the surge in memory chip prices. The high demand for AI infrastructure in data centers is driving up the prices of DRAM and NAND chips. This could significantly pressure the profits of companies like HP, Dell, and Acer. HP says the biggest impact of the chip price increase will be felt in the second half of 2026. The company has currently accumulated sufficient inventory for 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. Due to this, the company’s shares also registered a decline of 5.5%.
