HP to slash 6,000 jobs amid downturn in PC market

By the end of its fiscal year in 2025, HP will eliminate between 4,000 and 6,000 positions, making it the most recent tech company to join the layoffs trend.

A month after market analysts IDC and Gartner warned that the demand for computers is declining at its quickest rate in decades, the company announced the layoffs accompanying an 11% decline in quarterly sales.