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HP to slash 1,800 jobs

SAN FRANCISCO, Calif.-Hewlett-Packard Co. plans to cut 1,800 more jobs in addition to the 15,000 people it laid off in the aftermath of its merger with Compaq.

In an internal memo to the staff, the company’s executives wrote that the decision was an adjustment to a “continued market slowdown and HP’s clear intent to have a competitive, world-class cost structure.”

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