HP says AI will help them cut up to 6,000 jobs by 2028
HP’s CFO Karen Parkhill just tied their upcoming job cuts directly to AI, saying the company sees “a significant opportunity to embed AI into almost all that we do.”
Here’s the translation nobody wants to write out loud:
AI isn’t “augmenting” jobs anymore, it’s directly replacing them, at scale, in public, with CFO sign-off.
What I’m struggling with is this:
If a Fortune 500 is openly planning headcount cuts three years in advance because of AI, does that mean the cost savings are already obvious… or is this a convenient excuse for cuts they were going to do anyway?
Finance Pros, be honest with me…
Is “AI-driven efficiency” becoming the new corporate umbrella phrase for layoffs?
Former Gannett CFO takes over at Trullion (yes, the AI accounting startup)
Doug Horne, ex-Gannett CFO, just joined Trullion: an AI-powered accounting software company that’s been quietly poaching ex–AOL executives into its C-suite.
A legacy media CFO joining an AI accounting automation startup is a weird sentence.
But maybe it’s the clearest signal yet of where experienced finance operators think the real upside is going.
Here’s my question:
Are veteran CFOs joining AI accounting companies because they believe AI will replace traditional finance workflows…
or because they think AI will finally fix the accounting mess they’ve lived with for 20 years?
Where do you see this going?
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