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Hewlett-Packard to cut 27,000 jobs by the end of 2014

Hewlett-Packard, the world's largest maker of personal computers, is to cut 27,000 jobs by end of 2014. The company said the cuts - about 8% of its workforce - will reduce costs by up to $3.5bn (£2.2bn) a year. HP said in a statement that the money would be reinvested into the company. The move...

global, hp, jobs

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