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HP announces up to 6,000 layoffs due to AI adoption

The HP logo is seen on a sign at Hewlett Packard's headquarters in Palo Alto, California on November 4, 2016. [JOSH EDELSON / AFP]

Computer and printer maker HP announced Tuesday 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.

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