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HP to cut nearly 25,000 jobs by 2011
Sep 16 2008, Kevin

Computer maker to trim 7.5% of its payroll with half of cuts coming in the United States as it integrates outsourcing giant EDS.

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HP buys EDS for $13.9 billion
Alissa, San Francisco
HP said Tuesday morning that it has signed a deal to acquire IT outsourcer EDS for $13.9 billion, or $25.00 per share.
Business, HP, EDS, Deal
made popular May 13 2008
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In this Nov. 12, 2007 file photo, Hewlett Packard Company CEO Mark Hurd gestures during a keynote address at Oracle Open World Conference in San Francisco. Hewlett-Packard Co. said Monday, Sept. 15, 2008, it plans to cut 24,600 jobs, or about 7.5 percent.

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