Quote:
Originally Posted by BBC .co .uk
Hewlett-Packard has reported a quarterly loss of $8.85bn (£5.57bn).
The world's largest technology firm by sales was forced to to write down the value of some assets, mostly related to its purchase of Electronic Data Systems, which it bought in 2008.
The firm also had to absorb some sizeable restructuring costs, as it looks to cut some 27,000 jobs, or 8% of its global workforce, by 2014.
Hewlett-Packard has reported a quarterly loss of $8.85bn (£5.57bn).
The world's largest technology firm by sales was forced to to write down the value of some assets, mostly related to its purchase of Electronic Data Systems, which it bought in 2008.
The firm also had to absorb some sizeable restructuring costs, as it looks to cut some 27,000 jobs, or 8% of its global workforce, by 2014.
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