According to its latest earnings report, the tech giant expects to reduce its global headcount by between 4000 and 6000
employees to focus on adopting artificial intelligence (AI) to increase innovation and customer satisfaction.

HP’s move reflects a broader trend across the tech sector, where companies are investing heavily in AI development while using the technology to reduce operational costs.

Major tech firms including Google, Microsoft and Amazon have announced workforce reductions over the past two years, with many citing the need to reallocate resources, including jobs, towards AI initiatives.

Industry analysts say AI automation is particularly affecting roles in customer support, content moderation, data entry and certain computer programming tasks.