The end of February 2025 has not been reassuring in terms of job security for the technology sector, as a number of firms laid off employees.

HP has been doubling down on investments in artificial intelligence as well. The company is betting more consumers will buy its personal computers filled with AI tools. Earlier in February, HP acquired Humane AI — the maker of a wearable AI pin that flopped amid consumer complaints and bad reviews — for $116 million.

The details of the layoffs came shortly after HP reported higher revenue in its fiscal first quarter, boosted by what Chief Executive Enrique Lores said was strong demand for its new technologies.

The spate of layoffs in the tech sector galloped to new heights in February, which seems to be one of the worst months in the last six months for tech professionals. Meta, HP, and Workday were some big names to axe a massive chunk of their workforce.

HP Inc. CEO Enrique Lores discusses the company's plans to cut more than 1,000 jobs and possibly moving manufacturing back to the US on "Bloomberg." HP gave a profit outlook for the current quarter that fell short of expectations,

HP is laying off up to 2,000 people of its 58,000-person global workforce. The computer and printer giant disclosed the news in an SEC filing on Thursday. "HP expects incremental gross workforce reductions of approximately 1,

Hewlett Packard is the latest Bay Area tech company to announce job cuts. On Thursday, the tech giant announced it would be cutting 2,000 jobs as part of an amendment to a current restructuring plan.