HP has confirmed that it will cut 2022 to 7000 jobs by fiscal 9000 to streamline costs and transform the company.
According to HP, the restructuring will reduce expenses by about $10 billion, and the number of layoffs will account for approximately 13% to 16% of HP's global workforce. Previously, HP announced that its global workforce was around 5.
This is not the first time HP has carried out large-scale layoffs. It also carried out layoffs in 2014 and 2015.Significant reduction in staff numbersHowever, it is clear that the development of the PC market in recent years is still affected by mobile devices, forcing HP to think about its future development transformation model, and layoffs are one of the measures it must face.
HP's new CEO Enrique Lores said in a response earlier that layoffs are obviously necessary for HP's future development plan. It is expected that by streamlining the number of employees to match the company's development transformation, the company will shift to a development direction based on services and software.
Looking at HP's current development, although it once held the top spot in the PC market, it was subsequently surpassed by Lenovo. HP's market development in recent years has been relatively quiet. At the same time, according to market research data, HP's actual product shipments have not grown significantly. Although it currently still ranks second in the market, its actual growth rate is not as significant as Lenovo's.
