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HP to lay off about 2,000 before October 2025

  • Hewlett-Packard (HP) is planning to lay off about 2,000 employees before October 2025.
  • The company aims to save $300 million by trimming its workforce, which currently stands at 58,000 employees.
  • No specific departments have been named, and the job cuts will be made in consultation with local labour associations and in compliance with local regulations.
  • HP is also focusing on artificial intelligence (AI) and customer experience, while undertaking a rebalancing exercise.

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