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Hewlett-Packard to cut up to 16,000 more jobs

Additional layoffs would bring total to 50,000 under CEO Meg Whitman FORTUNE -- Despite second quarter earnings that largely met Wall Street estimates, Hewlett-Packard (HPQ) announced it would cut 11,000 to 16,000 jobs, bringing the total number of layoffs during its ongoing restructuring to roughly 50,000. Read More...

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