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LAST UPDATE | 26 Nov 2025
COMPUTER AND PRINTER maker HP Inc has announced a sweeping restructuring plan that will eliminate about 10 percent of its workforce globally as the company pivots toward artificial intelligence to boost efficiency.
According to its latest earnings report, the tech giant expects to reduce its global headcount by between 4,000 and 6,000 employees to focus on adopting AI to increase innovation and customer satisfaction.
It’s not yet known if any Irish staff will be impacted.
The company, one of two entities formed from tech giant Hewlett-Packard in 2015, once owned a major manufacturing site in Leixlip, Co Kildare.
The site employed roughly 500 staff – though this was shut down and sold off in 2017 due to financial restructuring.
The company now employs a small number of staff at an office site near Liffey Valley shopping centre in Dublin.
HP’s move to cut more staff in the coming years reflects a broader trend across the tech sector, where companies are investing heavily in AI development while using the technology to reduce operational costs.
Major tech firms including Google, Microsoft, and Amazon have announced workforce reductions over the past two years, with many citing the need to reallocate resources, including jobs, toward AI initiatives.
Intel, another tech giant with a base in Ireland, is among the companies cutting staff amid the latest AI push.
The tech firm announced in April that it intended to cut 20% of its workforce, including 195 jobs at its chip manufacturing plant in Leixlip.
Industry analysts say AI automation is particularly affecting roles in customer support, content moderation, data entry, and certain computer programming tasks.
HP said its AI plan aims to generate approximately $1 billion (€864.2m) in annual savings by the end of fiscal 2028.
The company has been working to transform its business model amid changing demand patterns in the PC and printing markets.
HP CEO Enrique Lores told the Wall Street Journal that the company plans to raise the prices of its computers and work with new suppliers to help offset the higher costs of AI computing.
In its latest quarter, HP posted a profit of $795 million (€687m), compared with $906 million (€782m) a year earlier.
Revenue rose 4.2 percent to $14.64 billion (€12bn) , topping analyst estimates with sales in PCs offsetting a decline in printer sales.
The Department of Enterprise, Trade and Employment has been contacted for comment.
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