HP plans to save millions by laying off thousands, ramping up AI use

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HP's Cost-Cutting Plan: How AI-Driven Layoffs Will Shape the Industry

Hewlett Packard (HP) is set to lay off between 4,000 to 6,000 employees as part of a broader cost-cutting plan aimed at reducing its annualized gross run rate by $1 billion. The company claims that this move will help accelerate product innovation and improve customer satisfaction through the strategic use of artificial intelligence.

The impact of AI on jobs is a contentious issue, with many wondering if it's truly driving corporate layoffs or if companies are using the technology as a scapegoat to cut costs. While some industries like customer support may be more susceptible to disruption by AI, others might experience a boost in job creation.

Analysts and experts have different views on the matter. Some point out that effectively replacing human workers with AI is a complex process that requires significant investment of time and resources. Peter Cappelli, a management professor at The Wharton School, notes that there's limited evidence to support the claim that AI-driven layoffs are widespread.

On the other hand, Gartner analysts predict that by 2030, all IT work will involve AI, but with humans still playing an essential role in the process. According to their report, 75% of IT workloads will still require human involvement.

The World Economic Forum's Future of Jobs Report 2025 suggests a more optimistic outlook, predicting that AI will create 78 million new jobs worldwide by 2030. However, it's still too early to fully comprehend the impact of AI on the workforce.

As HP and other tech companies continue to invest in AI-driven solutions, it's clear that these technologies will play an increasingly significant role in shaping the industry's future. While concerns about job losses are valid, it's also important to recognize the potential benefits that AI can bring to various sectors and industries.

With this shift towards AI-driven cost-cutting plans, one thing is certain: the tech landscape is undergoing a profound transformation.
 
AI taking over jobs at HP, yeah its gonna be bad for those 4-6k people losin their jobs... 🤖💸 but on the bright side, if 75% of IT workloads still need humans, that means AI wont take over everything just yet 😅. still, wonder how many more companys like HP will start cuttin back and whats gonna happen to those folks 🤑.
 
I think its kinda crazy how companies like HP are implementing AI in their cost-cutting plans 🤯. I mean, on one hand, AI can be super helpful in automating tasks and making processes more efficient, but at what cost to human jobs? 🚫 It's like, we're gonna lose 4-6K people from our workforce, that's not just numbers, that's lives affected 💔.

But then again, maybe this is the future of work, where humans and AI collaborate instead of one or the other 👥. And yeah, Gartner's prediction about 75% of IT workloads still requiring human involvement sounds promising 🤞. I'd rather see companies invest in upskilling their employees to work alongside AI than just laying people off 🔴.

And let's not forget what that World Economic Forum report said – 78 million new jobs worldwide by 2030 🌟! That's some pretty optimistic news, right? So, while HP's cost-cutting plan might seem harsh now, maybe it's actually a necessary step towards a more sustainable future for the industry 🌱.
 
AI is just a fancy way of saying "we don't wanna pay those temps anymore 🤑" I mean, come on, 4-6k jobs lost? That's like, what, 2% of their workforce? It's not like they're trying to disrupt the industry or anything. Just cutting costs to pad their CEO's bonus 💸. And don't even get me started on this "accelerating product innovation" BS. What does that really mean? They just want to be more efficient, so they can corner the market and squeeze out the competition 💥.
 
the whole point of ai is supposed to be making life easier for humans but instead it's just gonna make some people obsolete 🤖💼 i mean, 4k-6k layoff sounds like a lot and it's not like those ppl had easy jobs anyway...it's all about adaptation now 📈💻
 
AI layoffs are just the tip of the iceberg 🤖💸. HP is gonna be in the same boat as others, struggling to keep up with the tech game. What's interesting is how the industry's response will play out. Will companies really start valuing employees or just use AI to cut costs? Either way, it's only gonna get worse for workers 🚫💔.
 
AI is gonna change everything 🤖💻! I'm literally so hyped for it! Like, imagine how much more efficient HP will be with all those layoffs, and then they can just focus on making better products and customer experiences! And yeah, I totally agree with that Gartner report - by 2030, AI is gonna be like a part of our daily lives. It's crazy to think about all the new jobs that'll pop up in the next decade... but at the same time, it's scary cuz we don't know what those jobs are gonna look like yet 🤔💸
 
OMG, I'm so worried about all these layoffs 🤕📉 4k-6k jobs lost already? That's crazy! But at the same time, I get what HP is trying to do - they wanna stay competitive and innovate 💻💡. And let's be real, AI can be super helpful in reducing costs and making businesses more efficient 🤑. But we gotta make sure those people who lose their jobs get some kind of support or training to help them adapt to the new landscape 🤝. It's all about finding that balance between progress and people 🌎.
 
The age-old question of progress vs stability... 🤖💸 I mean, think about it, we're living in a world where machines are capable of doing our jobs, and companies are using AI to cut costs. On one hand, it's like the saying goes - "change is the only constant" 💡. The industry is evolving, and AI is just one of those catalysts that's gonna shape things up for better or for worse.

But then again, what's the cost of progress? 🤔 It's not just about job losses; it's about redefining what work means in the first place. We need to ask ourselves, are we creating jobs or just automating them away? 💻 And if AI is indeed gonna create more jobs than it destroys, as some reports suggest... well, that's a whole different story.

The thing is, this isn't just about HP; it's about us. How do we want to adapt to this new landscape? Do we embrace the change and see where it takes us, or do we get left behind? 🌟 The future of work is already here, and it's up to us to navigate its twists and turns. 💪
 
I'm thinking... these AI-driven layoffs at HP got me wondering, what's the real value of innovation when it's done on someone else's dime? I mean, sure, they're trying to cut costs and improve customer satisfaction, but at what cost to human workers? It's like they're saying AI is the answer to all our problems, but are we just being lazy and expecting tech to solve everything?

I'm not convinced that replacing humans with AI is as easy as everyone makes it out to be. I think there's a lot more nuance to this whole thing than people are letting on. And what about those industries that aren't even considered "susceptible" to disruption by AI? Are they just being left behind?

I guess what I'm trying to say is, we need to have a more honest conversation about the impact of AI on our society and economy. It's not all sunshine and rainbows, but it could also be a game-changer for certain industries and sectors. 🤔💻
 
I'm low-key concerned about these AI-driven layoffs at HP 🤔. It's like they're trying to pivot their business model without considering the human impact 🌎. Some companies are already using automation to streamline processes, so it feels like they're just trying to save a buck by laying off people 💸. But on the other hand, if AI is really going to create 78 million new jobs worldwide in 2030, that's a pretty big claim 🤞. We need more data points before we can say for sure what's happening. And what about the gig economy? Are we just gonna see even more freelance work and fewer full-time jobs? The whole thing is making me think about universal basic income... 🤯
 
I'm low-key worried about all these layoffs 🤕💸. I mean, I get it, companies gotta cut costs and innovate, but 4-6k employees? That's a big chunk of people losing their jobs 💔. And yeah, AI is supposed to be the answer, but let's not forget that there are still so many things that need human touch 🤝.

I think we're at this point where companies need to start thinking about more than just cost-cutting plans, they need to invest in retraining and upskilling their staff 💼. We can't just keep piling on the AI without making sure our workers are equipped to deal with it.

And honestly, I'm not convinced that all these job losses will be offset by new jobs 🤔. I mean, we're already seeing so many people struggling with unemployment and underemployment. Let's hope that the experts who predict 78 million new jobs by 2030 are right 🙏.
 
The way companies like HP are adopting AI-driven layoffs makes me think about the importance of adapting to change 💡. It's easy to get caught up in the fear of losing our jobs or feeling left behind, but maybe this is an opportunity for us to re-evaluate our skills and passions 🤔. What if instead of seeing these changes as threats, we see them as chances to pivot into new areas that are even more fulfilling? The truth is, AI won't replace human intuition, creativity, and empathy – it'll just change the way we work together as a team 💼. So let's be brave and focus on developing those skills that will make us more valuable in this ever-evolving landscape 🚀.
 
💻 So, let's get real for a sec... AI-driven layoffs = more income inequality 🤑. I mean, who benefits from these cost-cutting measures? The shareholders, obviously 📈. And what about those 4,000 to 6,000 HP employees losing their jobs? Are they just collateral damage in the pursuit of profit margins? It's like companies are saying, "Sorry, we can't afford to keep you on staff... unless you're a key player in our AI revolution 🤖." Meanwhile, the tech industry is all about progress and innovation... until it affects people's livelihoods 🕰️. We need more discussion around the human cost of these decisions, don't you think? 💬
 
I'm totally convinced that all these fancy AI jobs created by 78 million new positions worldwide are just a bunch of hype 🙄. I mean, how many times do we need to hear about AI creating jobs before we realize it's not that simple? Companies like HP just want to cut costs and save a buck, using AI as an excuse. It's all about the bottom line, dude 💸.

And don't even get me started on those predictions from Gartner and the World Economic Forum. 75% of IT workloads still requiring human involvement? Give me a break 🤣. That just sounds like a bunch of corporate speak to me. We need to be real about the impact of AI on jobs, not sugarcoat it or make grand promises that might not come true.

I'm all for innovation and progress, but let's not get carried away here 🚀. The future of work is not just about throwing more money at AI solutions; we need to figure out how to make these new technologies work for everyone, not just the companies making the money 💸
 
AI is literally changing everything 🤖! I'm obsessed with how HP's cost-cutting plan is gonna impact the industry lol. I mean, 4k to 6k layoffs? That's huge! 🤯 But seriously, it's crazy to think that AI is becoming a scapegoat for corporate cuts. Some people say it's driving layoffs, while others think companies are just using AI as an excuse.

I'm actually kinda excited about the whole AI thing tho 💻. I mean, have you seen those AI-driven robots at concerts and stuff? 🤖 They're like, whoa! But seriously, if we can harness the power of AI to make our lives better, then I'm all for it.

And don't even get me started on the jobs report 📊. 78 million new jobs by 2030? That's insane! 🤯 Of course, there are still concerns about job losses, but let's not forget that AI is also creating new industries and opportunities. It's like, the future is now, fam! 🔥
 
Wow 💻 AI will definitely change the way we work and it's crazy to think that by 2030, all IT work will involve AI 🤖 I'm not sure if it's true that AI-driven layoffs are widespread but at least some companies like HP are using AI as a cost-cutting plan which is a good thing 💸 I just hope that the new jobs created by AI won't replace human workers but rather create new ones that we can't even imagine yet 🤔 Interesting 📊
 
ai is defo gonna change the game 🤖💻 but lets be real 4k layoffs still sounds like a bummer lol what i think is important is how companies are preparing for this future and investing in upskilling programs to help employees adapt 💡📚
 
AI is literally changing the game right now 🤖... on one hand i feel bad for all those people who r losing their jobs... but on the other hand, cant we create more jobs that AI cant do? like AI can crunch numbers but humans are way better at creative stuff... and btw, 78 million new jobs by 2030 sounds like a pretty cool future to me 😊
 
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