Tech giant Hewlett Packard (HP) announced plans to reduce its workforce by up to 6,000 jobs globally by 2028, as part of a strategic push to embed AI across its business, sparking concerns over the future of employment in the tech sector.
Tech giant Hewlett Packard (HP) has announced plans to cut between 4,000 and 6,000 jobs globally by the end of fiscal 2028, a move driven by the company’s strategic push to integrate artificial intelligence (AI) into its operations. This workforce reduction, amounting to roughly 10 percent of HP’s existing staff, reflects a broader industry trend where major technology firms are increasingly turning to AI and robotics to enhance efficiency and accelerate innovation while cutting costs.
HP’s CEO Enrique Lores highlighted that the layoffs are not solely about reducing expenses but form part of a comprehensive transformation to embed AI across various facets of the company. Lores stated that this integration aims to speed up product innovation, improve customer satisfaction, and boost overall productivity. The job cuts will primarily impact teams within product development, internal operations, customer support, and certain administrative functions. The company anticipates generating approximately $1 billion in gross savings annually by 2028 as a result of this restructuring.
This announcement follows a year of turbulence for HP, whose stock has seen significant fluctuation, dropping nearly 15 percent since January but rebounding with an 83 percent gain since May. Despite those ups and downs, HP recently posted better-than-expected quarterly results, reporting $14.6 billion in revenue and an 8 percent rise in PC sales, even as printer sales declined by 4 percent. The news of the planned layoffs triggered a 5.5 percent drop in HP’s share price, reflecting investor concern over the scale of job cuts.
HP’s shift towards AI mirrors a growing concern across the workforce about the impact of automation and AI on jobs. A survey by the Trades Union Congress found that 51 percent of 2,600 adults are worried about layoffs or significant reductions in working conditions due to AI, particularly among younger workers aged 25 to 34, almost two-thirds of whom fear losing their jobs to machines. This anxiety is underscored by similar announcements from other large employers like BT, Amazon, and Microsoft, who have also flagged potential job cuts linked to advances in AI technology.
The restructuring at HP signifies a crucial juncture in how tech companies are balancing innovation with workforce realities. While the adoption of AI promises faster product development and improved customer experiences, it inevitably raises questions about the future of employment in sectors traditionally reliant on human labour. HP’s leadership maintains that this AI-driven transformation is essential for maintaining competitiveness in a rapidly evolving market, even as it prepares to reduce its workforce significantly over the next few years.
📌 Reference Map:
- [1] (Daily Star) – Paragraphs 1, 2, 3, 4, 5, 6, 7
- [2] (Reuters) – Paragraphs 1, 5
- [3] (The Guardian) – Paragraphs 1, 3
- [4] (Computing) – Paragraphs 1, 3
- [5] (Fox Business) – Paragraphs 1, 3
- [6] (CFODive) – Paragraph 3
- [7] (The Hans India) – Paragraph 1, 3
Source: Noah Wire Services
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
10
Notes:
The narrative is fresh, with the earliest known publication date being November 25, 2025. The Daily Star article was published on November 26, 2025, and references multiple reputable sources, including Reuters and The Guardian, which reported on the same topic on November 25 and 26, 2025, respectively. ([reuters.com](https://www.reuters.com/business/hp-cut-about-6000-jobs-by-2028-ramps-up-ai-efforts-2025-11-25/?utm_source=openai))
Quotes check
Score:
10
Notes:
The quotes attributed to HP CEO Enrique Lores are consistent across multiple reputable sources, indicating they are likely accurate and not fabricated. For example, Lores’s statement about the initiative creating $1 billion in gross run rate savings over three years is reported in both Reuters and The Guardian. ([reuters.com](https://www.reuters.com/business/hp-cut-about-6000-jobs-by-2028-ramps-up-ai-efforts-2025-11-25/?utm_source=openai))
Source reliability
Score:
10
Notes:
The narrative references multiple reputable sources, including Reuters, The Guardian, and Computing, which are known for their journalistic integrity and reliability. The Daily Star article also cites these sources, enhancing its credibility. ([reuters.com](https://www.reuters.com/business/hp-cut-about-6000-jobs-by-2028-ramps-up-ai-efforts-2025-11-25/?utm_source=openai))
Plausability check
Score:
10
Notes:
The claims made in the narrative are plausible and align with recent industry trends. HP’s announcement of job cuts due to AI integration is consistent with similar moves by other tech companies. The reported figures and statements are corroborated by multiple reputable sources, indicating the information is accurate and not misleading. ([reuters.com](https://www.reuters.com/business/hp-cut-about-6000-jobs-by-2028-ramps-up-ai-efforts-2025-11-25/?utm_source=openai))
Overall assessment
Verdict (FAIL, OPEN, PASS): PASS
Confidence (LOW, MEDIUM, HIGH): HIGH
Summary:
The narrative is fresh, with consistent and accurate quotes from a reliable source. It references multiple reputable outlets, and the claims made are plausible and corroborated by other sources. There are no signs of recycled content, disinformation, or credibility issues.
