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HP to cut 24,000 jobs on takeover costs

China Daily | Updated: 2008-09-17 07:51

HP to cut 24,000 jobs on takeover costs

A Hewlett-Packard employee inspects a computer at a factory in Tokyo. Bloomberg News

HP plans to cut 7.5 percent of its work force, or 24,600 jobs, seeking to realize savings from its recent acquisition of Electronic Data Systems Corp, the company said on Monday.

HP to cut 24,000 jobs on takeover costs

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