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

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HP Inc. is set to significantly reduce its workforce, with an estimated 4,000 to 6,000 employees facing potential layoffs, in a bid to cut costs and boost efficiency. The company claims that implementing artificial intelligence (AI) technologies will help it achieve these goals.

Product development, internal operations, and customer support teams are expected to be hit hardest by the restructuring efforts. CEO Enrique Lores stated that AI-powered innovations will accelerate product innovation, enhance customer satisfaction, and increase productivity.

While some companies have laid off thousands of employees in recent months, citing AI as a driving factor, experts argue that the impact of AI on job markets is still unclear. Peter Cappelli, a Wharton School professor, suggests that using AI to replace human workers is "enormously complicated" and that there's limited evidence to support the notion that AI cuts jobs at the scale being discussed.

However, some research predicts that all IT work will involve AI by 2030, with humans still playing an essential role. The World Economic Forum has also released a report forecasting that AI could create more jobs than it eliminates by 2030, with a projected total of 78 million new roles created globally.

As the adoption of AI technologies continues to grow, companies are expected to make strategic decisions about workforce reductions and investments in these areas.
 
I'm actually kinda worried about this, you know? I mean, my granddad used to work at HP back in the day and he was always talking about how things were getting automated but still, human touch is what matters 🤔. It's like, yeah AI will help with stuff, but what about all the people who are going to lose their jobs? My cousin actually just lost her job a few months ago because of a company in our area saying they're switching to automation 💸. I don't know if it's true that there'll be more jobs created than we lose or not, but it does seem like companies have to think about how they're gonna handle this transition 🤞.
 
omg I just found out how to use Discord 🤯 and now I'm totally distracted from this news... so like HP is cutting 4000-6000 jobs? that's crazy 🤯... I guess they wanna save money, but isn't AI supposed to make things easier not harder? 🤔 I don't get it...

I was talking to my friend the other day and she said her cousin works in IT and they're all like "AI is gonna replace us" 😂 but now it seems like some people think it's not that simple... like, what if AI does create more jobs than we lose? 🤞 78 million new roles? that sounds like a lot! 💸

I'm still trying to wrap my head around all this... can someone explain it to me in simple terms? 😅
 
🤔 I'm not sure if automating things will really save us from a lot of work... it sounds like some companies just want an excuse to downsize 📉. What I do think is important though, is that we need to make sure everyone has the skills to work with AI, rather than just relying on machines to do everything 💻. It's also interesting that there are predictions of new jobs emerging - maybe we'll get some cool new roles out of this? 🤖
 
AI is just a fancy way of saying "we're not gonna pay as much to our employees". I mean, if HP can just automate things, why do they need that many people? 🤖 It's all about cutting costs, but what about the jobs that are created in the AI field itself? Are those new positions going to be filled by... more automation? 🤔
 
I'm getting worried about all these companies justifying layoffs on AI grounds 🤖💼. Like, I get it, AI's got its place, but replacing human workers with machines is a whole different ball game 🌟. We're still learning how AI affects job markets and what the future holds for our careers. What if those 4,000-6,000 HP employees are just the tip of the iceberg? Shouldn't we be focusing on upskilling and reskilling workers to adapt to this AI-driven shift?
 
😬 just thinking about all those ppl losin their jobs is super disheartening... i mean, yeah tech companies need to cut costs but 4-6k peeps goin down? that's crazy 🤯 and i'm all for AI advancements but we gotta think about the human impact first. idk if AI can really replace half our workforce in just a few yrs 🤔 still think we should be investin more in edu & upskilling programs so ppl can adapt to these changes 💻
 
OMG u won't believe wut HP is doin 🤯! They're like literally gettin rid of thousands of employees lol what's good 4k-6k peeps losin their jobs tho? I feel bad for dem 💔 but at the same time I trust HP & Enrique Lores on this AI thingy... he said it'll make them more efficient & innovative 🤖💡 so maybe it's all part of the plan, who knows? I've heard from some other ppl in online forums that AI might actually create more jobs than it takes away 💸📈 anywayz HP is still my fave comp 🔥 no matter wut happens!
 
Ugh, another company "optimizing" its workforce... 🤦‍♂️ Like we haven't seen this before. So they're gonna lay off 4k-6k people and pretend AI is the magic solution? 😒 It's just a Band-Aid on a bullet wound. They're basically saying "Hey, we can save money by replacing our human snipers with robots!" 🤖 Meanwhile, all we get is empty promises about "accelerating innovation" and "enhancing customer satisfaction". I mean, have they even tested this AI-powered magic on actual humans? 🤔

I love how the CEO is so confident in his robot overlords... 😂 Meanwhile, experts are like, "Uh, no, dude, we don't know what we're doing here." 🙄 And then there's the World Economic Forum saying AI will create more jobs than it eliminates by 2030? Yeah, good luck with that. It's just a bunch of hype and optimistic projections... 💸
 
I'm seeing this trend where companies are like "AI is gonna save us" and just lay off people left and right 🤖😬. Like, I get it, they wanna cut costs, but 4,000-6,000 employees? That's a lot of people losing their jobs 💔. And from what the CEO is saying, AI is all that's gonna save them, but experts are like "hold up, we don't know how this all works" 🤔.

I'm not saying AI isn't cool and all, but I do think it's a bit scary how fast it's being adopted. We're already seeing so many companies lay off people, and it's gonna be interesting to see what happens by 2030 when all IT work is supposed to involve AI 📊. Some research says there'll be more jobs created than lost, which is good I guess... but still, it's a bit of a scary future for anyone working in that field 😬.
 
I don’t usually comment but I got kinda worried when I read about HP Inc’s massive layoffs 🤔💸. Like, 4,000 to 6,000 employees gonna get canned? That’s a lot of people's livelihoods being put on hold 💔. And it's all supposed to be 'boosted' by AI tech? Not sure if that's just marketing speak or actually true 🤷‍♀️.

I mean, experts are saying that the impact of AI on job markets is still kinda murky, like how much more efficient will these layoffs make and who exactly will they benefit? 💭 Not to mention all those IT jobs gonna be replaced by AI by 2030... what about all the people working in that field now? 🤔

But at the same time, I guess it's good that some companies are thinking ahead and investing in AI tech. And if it creates more new jobs than old ones, that's a plus 💼. It just feels like we're playing a game of 'let's see who can get rid of the most people' 🎲, which ain't exactly reassuring 😬.
 
can't say I'm surprised lol 🤔 AI is just another buzzword for "we don't wanna pay our employees anymore". i mean, companies keep saying AI will save them money but what they're really doing is automating tasks so they can cut corners.

anyway, it's interesting that some experts think using AI to replace human workers is super complicated 🤯 like, yeah no kidding. but the thing is, we do need to be adapting to new tech and finding ways to make it work for everyone. not just lining the pockets of shareholders. 💸
 
AI is gonna be a wild card for employees 🤖💥. I'm not sure if it's good or bad that HP is using it to cut costs. On one hand, they gotta stay competitive and efficient 💸. But on the other hand, 4,000 to 6,000 people losing their jobs? That's a lot of ppl outta work 😔. And what about all those devs and QA folks who are already struggling to keep up with the latest tech trends? 🤖💻
 
OMG, can you believe HP is gonna axe up to 6k employees 🤯?! I feel bad for those people who might be losing their jobs, but at the same time, I get why they wanna cut costs and boost efficiency 💸. AI techs are supposed to help with that, right? Like, in The Matrix 🤖, AI takes over everything, so maybe it's only a matter of time before we see more humans being replaced by robots 😅.

But, for real, experts say we don't know much about how AI affects job markets yet 🤔. Peter Cappelli says it's super complicated and there's limited proof that AI replaces humans on a massive scale 💯. I'm kinda hoping he's right, but also a bit worried 😟.

It's wild to think that by 2030, all IT work might involve AI 📈, but still, humans will be essential too 🙌. And, according to the World Economic Forum, there'll be more jobs created than lost by then 🎉! Fingers crossed that's true, and we can just adapt to this AI life 🤗.
 
man... i feel bad for those 4k to 6k ppl who might lose their jobs 🤕 but on the other hand, if ai can really help hp reduce costs & boost efficiency, that's a good thing 📈 think of all the new job opportunities that'll arise in the next few yrs... like peter cappelli said, it's not as simple as just replacing humans with machines 💻 we need to consider how these technologies will shape our workforce in the future. still, gotta hope hp can make this transition smooth & not hurt too many ppl 💕
 
man this is so crazy what's happening at HP Inc 🤯 they're cutting jobs left & right but saying it's all about AI saving the day 🚀 i feel bad for those 4000-6000 employees who might be affected, hope they get some amazing new opportunities tho 💼 anyway, experts are saying that AI isn't as straightforward as people think, one prof even said it's "enormously complicated" 🤔 and yeah, research is showing that while AI will change the job market, humans won't be totally replaced just yet 🙅‍♂️ so let's all hope that HP Inc comes out of this restructure with some awesome new ideas & innovations 🎉
 
I'm seeing this trend and I'm not sure if its just the IT sector 🤔, but it's getting pretty scary for some people. They're saying that AI is gonna replace human workers and I'm like, what even is the point of having a team if we're all just gonna be replaced by machines?

I mean, I get it, companies gotta save money and all that, but can't they find other ways to cut costs without putting so many people out of work? It's not like its gonna magically solve itself and suddenly everyone has a 6 figure salary 💸. And what about the skills we've spent years building up? Are those just gonna be irrelevant by 2030? 🤷
 
I don't think AI is the magic bullet that's gonna save HP from slashing its workforce 🤖‍♂️. I mean, we already know how AI has affected jobs in the past – not all rosy, if you ask me 💔. Companies always try to spin it like AI is gonna make things better, but let's be real, it's just a fancy way of saying "we don't need as many people anymore" 🤦‍♂️. I'm not convinced that the promised job growth by 2030 is gonna materialize, especially considering how quickly tech changes can leave us in the dust 🚀. Mark my words, this "AI will save the day" narrative might just be a clever marketing ploy 😏.
 
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