HP is resting up to 2,000 people 58,000 person Global workforce. The computer giant and the printer revealed the news in a sec appearance on Thursday.

“HP expects a decrease in the increasing gross workforce from about 1,000 to 2,000 employees,” the appearance said. “Changes in the workforce will vary by country, based on local legal requirements and consultations with employee job councils and other employee representatives, as appropriate.”

Extensions are expected to occur before the closure of the HP fiscal year 2025, which ends in October. Cuttings can help HP save up to $ 300 million for layout.

HP has not specified departments set to be affected by cuts or roles to be affected. CEO Enrique lores told Bloomberg On Friday that the last round of dismissal will happen “across the company” and that HP has been “very selective and very strategic” where to make cuts.

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“It's not just cuts, we're making rehabilitation too,” Lores said. “At the same time, we are investing in other areas.”

Lores specified that HP high -priority investment areas include it and customer experience.

^{HP CEO Enrique lores. Photographs: Annabelle Chih/Bloomberg through Getty Images}

Extensions are part of the initiative to reduce HP costs “Future Now”, which the company introduced in November 2022, for Wall Street Journal.

The initiative initially intended to rest 7,000 employees. With the new round of cuts, the total number of resting workers can record up to 9,000 employees, with general savings reaching $ 1.9 billion.

The outgoing news reached as HP posted its income of Thursday's first trimester. Net income for the company increased 2.4% year by year, reaching $ 13.5 billion.

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