READ: Apple stock jumps on JP Morgan's price-target bump, increased iPhone sales projections "We see significant opportunities to create shareholder value and we will accomplish this by advancing our leadership, disrupting industries and aggressively transforming the way we work," Lores said on Thursday. "We will become an even more customer-focused and digitally enabled company, that will lead with innovation and execute with purpose." The job reduction will be achieved through a combination of employee exits and voluntary early retirement, HP said in a statement. Currently HP employs around 55,000 people globally.