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HP Slashes Workforce by Up to 10% as Company Pivots to Artificial Intelligence

HP announces plans to cut up to 6,000 jobs worldwide as it shifts toward AI-driven operations and cost-saving strategies.

International Business Times

Computer maker HP to cut up to 6,000 jobs by 2028 as it turns to AI

US firm says plan to speed up product development and improve customer satisfaction would save $1bn a year

The Guardian - UK

AMD’s Lisa Su and HP’s Enrique Lores describe how they went from ho-hum to high-end

Also: All the news and watercooler chat from Fortune.

Fortune

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These Analysts Revise Their Forecasts On HP After Q3 Results

HP Inc. (NYSE:HPQ) posted better-than-expected third-quarter sales results after Wednesday’s closing bell.

Benzinga

HP Q3 FY2025 Earnings Call Transcript

HP Inc. (NYSE:HPQ) reported its third-quarter financial results after the closing bell on Wednesday.

Benzinga

HP Stock Climbs After Q3 Earnings: Here's Why

HP Inc. (NYSE:HPQ) released its third-quarter results after Wednesday's closing bell. Here's a look at the key figures from the quarter.

Benzinga

Trivago watched its revenue forecast plummet from $1 billion to nearly zero—so the company tapped a set of former interns to turn it around

Trivago’s CEO, CFO, and CMO were all once interns. Now they’re trying to bring billions in revenue to the company.

Fortune

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"We're all in" - Nvidia CEO Jensen Huang praises "utterly visionary" Trump tariffs

Jensen Huang praises Trump tariffs, says Nvidia is busy moving production to the US.

TechRadar

HP speeds towards China exit as tariffs bite

"Almost no" China-made HP products will be heading to the US soon.

TechRadar

HP trying to take pole position in a fast-changing future of work

CEO Enrique Lores says HP became Scuderia Ferrari's title sponsor earlier this year because of the sport’s 10-month season and reliance on technology.

Fortune

How HP's CEO rose from intern to the corner office

HP CEO Enrique Lores joined the tech company in 1989 as an intern.

Fortune

One of the world's biggest PC makers isn't sure about mass Windows 11 devices upgrades just yet, as AI PC demand rises

HP and Dell think AI PCs will boost sales, but are companies ready to update to Windows 11?

TechRadar

HP CEO reveals customers are printing far less — and that's a big worry

Workers and consumers are using and upgrading their printers less these days – HP reckons subscriptions are the answer.

TechRadar

Warren Buffett Sold This Stock Quite Early, But You Should Probably Hold On

Warren Buffett fully exited HP in Q1. With YTD gains of 18%, HPQ stock is outperforming the S&P 500 Index this year. Did Buffett sell the stock too early, and should you still hold on to HP?

Barchart

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International Business Times UK

Best Buy Sales Drop, JLL Posts 818% Net Income Growth in Q1 As HP Focuses on AI PCs

Best Buy preserves profit margins despite faltering demand, while JLL's revenues increased due to robust growth in advisory and property management verticals.

PC Gamer

'Our long-term objective is to make printing a subscription' says HP CEO gunning for 2024's Worst Person of the Year award

Not satisfied with merely bricking printers, HP now wants to own them all forever!

TechRadar

HP CEO just let slip a major issue with its printing strategy - and it's going to cost you

Apparently, HP makes a loss on selling its printers but recuperates this when you subscribe to Instant Ink.

Fortune

HP CEO says A.I. will change career trajectories: ‘From doing things to interpreting things’

“Many activities that today take one day to get done are going to take seconds,” said Enrique Lores.

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Zenger

HP At Forefront Of Upcoming AI Revolution In PC Industry, CEO Says

HP's Jim Cramers stated that developing AI-enabed PCs are poised to revolutionize the way users interact with computers.

Bangkok Post

HP growth strategy looks to new product categories

Global tech and computer giant HP Inc is planning for future growth opportunities by focusing on solutions and user experiences beyond the personal computer (PC) market amid global economic headwinds.

Fortune

HP Inc. is cutting up to 6,000 employees as it becomes the latest tech company to announce major layoffs

The layoffs come amid weaker sales and a faltering economy, with HP Inc.’s CEO describing it as a “volatile macro-environment.”

Bangkok Post

HP targets growth in hybrid work, gaming

Global tech and computer giant HP Inc is widening growth opportunities in the fields of hybrid work, gaming and sustainability, which have a total addressable market value of more than US$700 billion.

Benzinga

HP Agrees To Snap Plantronics At 53% Premium

HP Inc (NYSE:HPQ) agreed to acquire Plantronics Inc (NYSE:POLY) for an all-cash transaction for $40 per share, implying a total enterprise value of $3.3 billion. The purchase price of $1.7 billion implied a premium of 52.7% to Plantronics' March 25 closing price of $26.20, Reuters reports. Plantronics is a leading workplace collaboration solution provider. HP…

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