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HP Inc. announced a productivity plan driven by AI adoption that aims to achieve $1 billion in annual savings by…

HPQHP Inc

HP Inc. announced a productivity plan driven by AI adoption that aims to achieve $1 billion in annual savings by fiscal 2028, involving approximately $650 million in restructuring charges and workforce reductions of 4,000 to 6,000 employees. Additionally, the company authorized an increase in its quarterly cash dividend to $0.30 per share, effective the first quarter of fiscal 2026.

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