Original:  These cuts are all part of HP's new restructuring plan, the savings from this restructuring will primarily be  to offset market forces or in other words, to strengthen HP's competitiveness in the market.
Revised:  These cuts are all part of HP's new restructuring plan, the savings from this restructuring will primarily be used to offset market forces or in other words, to strengthen HP's competitiveness in the market.
Edit intent: fluency