How Will AI Transform HP Inc and ABN Amro Workforces With Thousands of Job Cuts?

HP Inc. and Dutch bank ABN Amro recently revealed plans for sweeping job reductions driven by artificial intelligence. Both companies expect to eliminate thousands of roles by 2028, reshaping their global workforces under the influence of new technologies and automation.

The concurrent announcements from these two giants, one rooted in technology, the other in finance, underscore how quickly AI adoption is becoming a central driver in major decisions about employment and operational strategy.

What Job Cuts Are Announced by HP Inc. and ABN Amro?

HP Inc., the iconic Silicon Valley-based manufacturer of computers and printers, has stated it will cut between 4,000 and 6,000 jobs worldwide by fiscal 2028.

The layoffs could affect up to ten percent of the company’s workforce, following similar reductions in early 2025.

HP CEO Enrique Lores clarified that these cuts will target teams in product development, operations, and customer support while delivering an estimated $1 billion in cost savings over three years.

Meanwhile, ABN Amro, one of the Netherlands’ largest banking institutions, announced it will eliminate 5,200 full-time positions, about a quarter of its employees, over the same period.

The strategy aims to leverage AI in customer service, operations, and compliance areas, positioning the bank for accelerated digital transformation and competitive cost savings.

Did you know?
ABN Amro’s planned reductions could shrink certain departments by up to 35 percent, with nearly half from natural attrition.

Why Are Tech and Banking Giants Embracing AI-Driven Layoffs?

Both HP Inc. and ABN Amro attribute these restructuring plans to advancements in artificial intelligence and automation. HP’s CEO said the company’s AI pilot projects convinced leadership that process redesign around agentic AI could drive significant productivity gains.

For the bank, new CEO Marguerite Bérard emphasized that shifting to AI allows “deliberate decisions” on efficiency and risk management, particularly in areas like anti-money laundering that once required large teams.

The moves reflect a broader trend: thousands of layoffs linked directly to AI have been announced by global tech and financial firms in 2025, pointing to a major inflection point in how companies manage human resources and digital capabilities.

How Will Artificial Intelligence Reshape Daily Operations?

For HP Inc., most affected roles relate to functions that AI can now automate or optimize, such as internal operations and service support.

The company is redesigning workflows to integrate agentic AI models that manage and solve tasks previously requiring manual oversight.

This transformation targets faster service, fewer human errors, and revenue growth despite a smaller workforce.

At ABN Amro, automation will shrink customer service and compliance teams by up to 35 percent.

AI will handle queries, detect financial crime, and streamline account openings and closings, enabling the bank to remain agile and profitable in a sector under increasing regulatory and digital pressure.

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What Has Been the Impact on Employees and Unions?

Employee response has been swift and strongly negative, especially in the Netherlands. Dutch labor unions voiced outrage, describing the job cuts as a “shockwave” among staff and questioning the social impact, especially with reports of high work pressure and absenteeism already at record levels.

HP Inc. employees face similar anxieties over job security, particularly after the company’s earlier layoffs in 2025. Many wonder what roles may ultimately be safe from automation.

Both companies pledged to achieve about half the reductions at ABN Amro through natural attrition rather than forced layoffs, a move intended to ease social tensions.

However, the scale of change underlines concerns about the risks of rapid digital transformation in established sectors.

Will AI Set the Trend for Future Workforce Strategies?

These high-profile announcements foreshadow an era when AI will increasingly define what work is done by humans versus machines, especially in tech and financial services.

Analysts predict that more global companies will restructure with AI at the center, potentially altering the balance between productivity and job creation.

Yet, the success of these transitions may depend on reskilling workers and designing AI deployments with both cost and human impact in mind.

As labor markets and regulators look ahead, all eyes are on how HP Inc. and ABN Amro manage the social consequences of their AI shift.

The next few years will be closely watched as a template for workforce transformation in the age of artificial intelligence.