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SAN FRANCISCO (Reuters) - Hewlett Packard Co said on Wednesday it would lay off roughly 27,000 employees or about 8 percent of its workforce to jumpstart growth, and its shares rose 11 percent. The company said the layoffs would be made mainly through early retirement and would generate annual savings of $3 billion to $3.5 billion as it exits fiscal year 2014. The world's No. ...
A look at recent tech-industry earnings Here is a summary of recent earnings and reports for selected technology companies and what they reveal about the state of spending and the overall economy: