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HP to let 16,000 employees go as revenues drop

Posted: 23 May 2014     Print Version  Bookmark and Share

Keywords:HP  layoff  Meg Whitman 

[Summary of tips] Further 16,000 workers are expected to lose their jobs, in addition to the 34,000 dismissals Hewlett-Packard Co. previously announced. The downsizing efforts are part of a bigger attempt to reverse its losses and streamline the company. This could lead to extra billion dollars a year by 2016 on top of the anticipated maximum $4......
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