RENEE MONTAGNE, HOST:
NPR's business news starts with more layoffs ay HP.
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MONTAGNE: Hewlett-Packard said yesterday it's cutting ay least 11,000 jobs as part of a restructuring effort that has already eliminated more than three times that number.
The news came as HP announced a drop in revenue in the second quarter of its fiscal year, disappointing investors as the company had appeared to be stabilizing recently.
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