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HP Job Cuts Loom

HP Job Cuts Loom

Palo Alto-based Hewlett-Packard plans on exfoliating some 9,000 jobs this year to save "about $500 million to $700 million a year" via the implementation of automated data centers. Associated Press (via CBS 5) reports: "The Palo Alto technology company says it will invest $1 billion in its enterprise services unit, over a multiyear period. The company says the job cuts will be the result of productivity gains and automation."

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HP Job Cuts Loom
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