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HP becomes latest company to slash jobs, announces layoffs due to market declines

Almost 50,000 individuals are currently employed by HP Inc.

HP becomes latest company to slash jobs, announces layoffs due to market declines (Wiki Commons)

US-based manufacturer of gadgets and laptops, HP Inc., is anticipated to eliminate about 6,000 employees over the next three years.

“The company expects to reduce gross global headcount by approximately 4,000-6,000 employees. These actions are expected to be completed by the end of fiscal 2025,” the company announced during the release of its fiscal 2022 Full Year report.

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