Tuesday, 19. July 2005
Troubled HP to cut one in 10 jobs

http://news.bbc.co.uk/2/hi/business/4696567.stm

Hewlett-Packard is to lay off about one in ten of its workers as part of its long-awaited restructuring.
The US computer and IT giant said it planned to cut 14,500 jobs over the next 18 months in an attempt to save $1.9bn (£1.1bn) a year.

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