HP Inc. plans a broad AI-driven restructuring that will cut 4,000 to 6,000 jobs by the end of fiscal 2028, aiming to save about $1 billion in gross run-rate over three years.

The round of layoffs targets product development, internal operations, and customer support, according to CEO Enrique Lores, with the company’s stock edging higher on the news but still substantially below year-ago levels.

Observers are weighing social and political implications, including community impact, public reaction to AI integration, and regulatory questions about transparency in AI-driven workforce decisions.

Details on severance, outplacement, or other worker-support measures remain unspecified, though such packages could be considered as part of the restructuring.

The report attributes its sourcing to Indianexpress.com and RS Web Solutions, noting potential affiliate links and AI-assisted content.

Industry voices question whether AI is the main driver of unemployment, highlighting the complexity of AI deployment and the risk of overstatements about job losses.

Analysts advise building a solid AI adoption framework to avoid missteps and AI debt as companies rush to integrate automation.

The piece references prior AI hype and potential implosion as context for current coverage, per Qazinform News Agency.

Capita is cited as a UK example where agentic AI speeds up recruitment tasks, illustrating practical AI implementation in talent processes.

Analysts say AI automation will affect roles in customer support, content moderation, data entry, and some programming tasks, contributing to shifting labor demand.

The broader message is that AI automation reshapes job requirements and outcomes across multiple functions.

This is ongoing breaking coverage and will be updated as HP provides more details.