HP(US:HPQ) Sou Hu Cai Jing·2025-11-25 23:46Core Insights - HP's fiscal year profit expectations fell short of analyst forecasts, prompting plans to lay off 4,000 to 6,000 employees by fiscal year 2028, aiming to save approximately $1 billion annually [1] - The CEO emphasized that cost-cutting measures will leverage AI tools across various functions to maintain competitiveness [1] - The restructuring will incur about $650 million in costs, with $250 million expected in fiscal year 2026 [1] Financial Performance - In the fourth fiscal quarter ending October 31, HP reported a 4.2% increase in sales, reaching $14.6 billion [2] - Adjusted earnings per share were $0.93, slightly above the analyst expectation of $0.92, with revenue expectations also met [2] - The PC division saw an 8% revenue increase, driven by customer upgrades to Windows 11 and demand for AI PCs [2] Business Segment Performance - HP's printer business experienced a 4% decline in sales, totaling $4.27 billion, aligning with market expectations [3]