8:38 am1 Jun 2012
Hewlett-Packard to cut 27,000 jobs by the end of 2014
Hewlett-Packard, the world's largest maker of personal computers, is to cut 27,000 jobs by end of 2014. The company said the cuts - about 8% of its workforce - will reduce costs by up to $3.5bn (£2.2bn) a year. HP said in a statement that the money would be reinvested into the company. The move...