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Old 07-19-2005, 05:10 AM  
DateDoc
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HP Set To Lay Off 14,500 People

It is finally official and will be announced publically at 5:45 AM Pacific time. HP is laying off 14,500 full time employees over the next six quarters. That equates to about 10% of its full time staff and will equate to an annual savings of $1.9 billion.
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