More tech layoffs hit Bay Area, as HP, Autodesk announce job cuts
HP has been doubling down on investments in artificial intelligence as well. The company is betting more consumers will buy its personal computers filled with AI tools. Earlier in February, HP acquired Humane AI — the maker of a wearable AI pin that flopped amid consumer complaints and bad reviews — for $116 million.
HP Sees Weaker Profit on Tariffs; Will Cut Over 1,000 Jobs
HP Inc. gave a profit outlook for the current quarter that fell short of expectations, citing the impact of rising component costs and tariffs on goods from China.
HP to Trim Up to 2,000 More Jobs in Expanded Cost-Cutting Push
The details of the layoffs came shortly after HP reported higher revenue in its fiscal first quarter, boosted by what Chief Executive Enrique Lores said was strong demand for its new technologies.
HP cuts 2,000 jobs, cites tariff concerns affecting earnings
HP announced Thursday that it will cut up to 2,000 jobs as part of an ongoing restructuring plan. The Bay Area tech giant expects to save $300 million by the end of its fiscal year in October 2025 due to the cuts,
HP CEO on Job Cuts, Manufacturing Plans and AI
Joining us now is Enrique Alvarez, HP CEO, as well as here on the desk with me, co-host of Bloomberg Technology Caroline Hyde. Enrique, let me first ask you about these job cuts. You're going to cut 2000 workers or as many as 2000 workers to save $300 million a year.
HP Inc. was proactive about the impact of tariffs, and it may be paying off
HP Inc. has been proactive in dealing with the potential impact from looming tariffs on goods manufactured in China, ...
HP tops revenue estimates on PC market recovery; shares dip on weak profit view
HP Inc beat first-quarter revenue estimates on Thursday, driven by strength in its personal systems segment and growing ...
HP Stock Drops After PC Maker Gives Weak Outlook and Steps Up Layoffs
HP stock fell, after the computer company said earnings would fall short of Wall Street estimates this quarter, and outlined plans to cut up to 2,000 more jobs. Late Thursday, HP reported higher ...
HP (HPQ) Considers Shifting Some of Its Manufacturing to the U.S.
Personal computing giant HP Inc. (HPQ) is considering shifting some of its manufacturing to the U.S. due to President Donald Trump’s tariffs ...
HP’s 2025 PC Lineup: New CPUs And GPUs Showcased In Updates Galore
For HP at CES 2025, major processor refreshes across all its PC lines drove most of the announcements, but there were also ...
The best HP laptops you can buy: Expert tested
Of all the HP laptops we've tested over the last year, the OmniBook X 14 is the best overall. It's our top pick not because ...
HPQ Earnings: HP Inc. Stocks Drops on Uneven Financial Results
HP Inc. (HPQ), a maker of personal computers and printers, has reported mixed Fiscal first quarter financial results, sending ...
HP realizes that mandatory 15-minute support call wait times isn’t good support
Callers were then told to “please stay on the line” if they wanted to speak to a representative. The phone system was also ...
The Flagship HP Omen 45L RTX 4080 Gaming PC Drops to $2,199.99 After an $800 Discount
HP is offering its biggest and best HP Omen 45L gaming PC equipped with a 14th-gen Intel Core i7-14700K CPU and GeForce RTX ...
Top Stock Movers Now: NetApp, Dell, HP, Erie Indemnity, and More
Major U.S. equity indexes wavered between gains and losses at midday Friday after a key measure of inflation showed price ...
HP falls after weak Q2 outlook, analysts see more reliance on second half fiscal 2025
HP Inc. (NYSE:HPQ) stock fell about 5% premarket on Friday after its fiscal first quarter 2025 results and a lower than ...