Tag Archives: remains

PC demand remains a challenge, though AI computers are coming

PC demand remains a challenge, though AI computers are coming

HP Inc. CEO Enrique Lores says the stage is set for a recovery in PC demand later this year, even if the outlook for the first half of 2024 looks mixed at best. “Demand has slowed down in commercial,” Lores told Yahoo Finance Live on Wednesday, but he expects growth to return for the PC market in the second half of the year. Lores’s near-term caution in part reflects continued demand challenges in the computer and printer markets. Laptop shipments fell 16% month over month in January, according… Source link

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Austin impact remains unclear as Google continues layoffs in 2024

Austin impact remains unclear as Google continues layoffs in 2024

Google, which has a significant Austin presence, is planning even more job cuts this year following a tumultuous 2023 with several rounds of layoffs. The tech giant has repeatedly slashed jobs since January 2023, when the company said it would cut about 6% of its workforce, or 12,000 jobs. Google confirmed the newest layoffs to the American-Statesman in a statement Monday, saying the company is “responsibly investing” in its biggest priorities and opportunities, but positions may be cut on… Source link

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