HP Stock Falls On Layoffs, Weak Guidance: Q4 Earnings Details
Benzinga
2025-11-26
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HP beat Q4 earnings expectations but issued weak guidance and announced a major restructuring that will cut up to 6,000 jobs and target $1 billion in savings by 2028. The company plans to focus on AI-driven innovation while absorbing $650 million in restructuring charges. Shares fell over 5% in extended trading.
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