HP: 27,000 job cuts by 2014, Mike Lynch to leave (NEW UPDATE)

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• 1,600 UK jobs in the firing line, says Unite. Autonomy founder Lynch to leave - bad decision, say analysts

HP has confirmed that it plans to shed 27,000 jobs by 2014, eight per cent of its global workforce, in what it called a "productivity initiative". Some 1,600 jobs out of a total of 20,000 in the UK...

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