As job cuts count, companies point to AI while critics cry 'AI-washing' [Seeking Alpha]
HP Inc. (HPQ)
Last hp inc. earnings: 2/24 04:05 pm
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Source: Seeking Alpha
More than 50,000 job cuts announced in 2025 cited AI as a factor, the New York Times reported Sunday, citing executive search firm Know What's Moving Markets—Before the Bell Get early insights, stock movers, and expert takeaways delivered daily. Subscribe to Morning Briefing. Sign Up Quick Insights Many companies like Amazon, Pinterest, and Hewlett-Packard are explicitly citing AI as a primary or influencing factor behind recent job cuts, justifying layoffs as preparation for workforce changes and capital investment in AI infrastructure. Current studies and data, including the Yale Budget Lab analysis, show little evidence of large-scale AI-driven worker displacement; most layoffs are linked to post-pandemic overhiring rather than AI adoption. Some critics and analysts suggest that firms may be exaggerating the impact of AI (a practice termed 'AI-washing'), using it as a more palatable reason for cuts to reassure investors, since AI-driven productivity has yet to mate
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HPQ
Earnings
- 11/25/25 - Beat
HPQ
Sec Filings
- 12/30/25 - Form 4
- 12/29/25 - Form 8-K/A
- 12/29/25 - Form 144
- HPQ's page on the SEC website