HP Inc. has announced plans to eliminate between 4,000 and 6,000 jobs worldwide by fiscal 2028 as part of a broad restructuring strategy aimed at reducing costs and deepening its adoption of artificial intelligence across core operations. Chief Executive Enrique Lores said the reductions will affect teams involved in product development, internal operations and customer…
The estate of late tech entrepreneur Mike Lynch and his former business partner, Sushovan Hussain, have been ordered to pay more than £700 million to Hewlett Packard Enterprise (HPE) by the UK High Court, following a years-long legal battle over the controversial sale of software firm Autonomy. The judgment, delivered on Tuesday, concluded that HPE…
HP finds itself embroiled in yet another legal battle as a class-action lawsuit accuses the tech giant of monopolizing the aftermarket ink cartridge industry, raising concerns over consumer choice and fair competition. The lawsuit, filed in January and representing disgruntled consumers, challenges HP’s practices regarding printer ink cartridges. At the centre of the dispute is…
In a recent interview, HP CEO Enrique Lores defended the company’s ink subscription model and firm policy of mandating the use of its own cartridges, stating that customers opting for alternatives are considered “bad investments” for the company. HP has consistently urged users not to turn to third-party alternatives for ink cartridges, implementing features like…
