Mass Layoffs Loom For HP

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HP is expected to initiate a corporate restructuring within the next two weeks that could see as many as 15,000 layoffs. Analyst firm Sanford C. Bernstein & Co said that HP could slash between five...

Financial, Legal Hurdles Loom Over HP

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Although its $19 billion takeover of Compaq closed in early May, the new Hewlett-Packard is facing a number of financial and legal challenges as it looks to integrate the operations of two massive IT vendors....

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