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 HP to lay off about 27,000, profit slides 31 percent
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. ...
Water World: New 'Super-Earth' Found Scientists report they have found an exoplanet -- a world orbiting a distant star, 22 light-years away -- that they call the best candidate yet to be the right temperature for liquid water and, perhaps, life. It is labeled GJ 667Cc, and it is located in the constellation Scorpio.
  Safety Experiment: Cars That 'Talk' to Each Other Will traffic be safer and smoother if vehicles can “talk” to each other? That’s the question the Department of Transportation hopes to answer, starting this summer, with an ambitious year-long experiment in Ann Arbor, Michigan. In August the National Highway Traffic Safety Administration plans to...
  Pinterest: 5 Ways to Use the Social Site Pinterest has taken the Internet by storm. Here are five ways to use the social pinning site.
  HP to cut 27,000 jobs to save up to $3.5B annually
Hewlett-Packard Co. plans to cut 27,000 jobs as the growing popularity of smartphones, the iPad and other mobile devices makes it tougher for the company to sell personal computers.
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