HP plans workforce trim despite rising AI PC demand

Group 1 - HP's restructuring will lead to job cuts between 4,000 and 6,000 by 2028, driven by cost pressures and investments in AI initiatives [7] - The company reported net revenues of $55.3 billion for the fiscal year 2025, with a mixed earnings outlook [7] - AI PC shipments accounted for over 30% of HP's overall shipments in Q4, while Personal Systems revenue grew by 8% year over year [7] Group 2 - The adoption of AI is influencing job cuts across the tech industry, with major companies like AWS and Microsoft also laying off thousands of workers [3] - Microsoft's end-of-support deadline for Windows 10 contributed to an 8.2% year-over-year increase in global PC shipments in Q3 2025 [4] - Dell reported Q3 revenue of $27 billion, an 11% increase year over year, and raised its AI shipment guidance to $25 billion, reflecting a 150% year-over-year increase [6][5]