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Tuesday December 31, 2013

HP Laying Off Another 5,000 Employees

What a great way to celebrate the holidays...firing another 5,000 people. frown

Hewlett-Packard Co said it would cut 5,000 more jobs, bringing the total number of layoffs to 34,000, or 11 percent of its workforce. The company said in a regulatory filing on Monday that it would record a charge of $4.1 billion in 2014, up from its prior estimate of $3.6 billion.

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