HP is cutting thousands of jobs as demand for PCs declines

HP has announced that it intends to cut 10% of its workforce as the company adjusts to falling demand business computers and mobile workstations as businesses around the world continue to recover from the Covid-19 pandemic.

The computer giant revealed (opens in a new tab) Fiscal year 2022 results, showing fourth-quarter revenue down 14.8% compared to the same period last year.

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