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Spring-based Hewlett Packard to lay off 2,500 employees as part of cost-saving measures
(www.click2houston.com)
I wonder why they went with "cost-saving measures" instead of "profit-boosting measures."
The layoffs come as part of cost-saving measures the company says it will undertake to strengthen their financial profile by better aligning their cost structure to their business mix and long-term strategy.
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