Layoffs in the tech industry are 10 times higher so far this
year than they were for the same period in 2011—and it's all thanks to the hard
cuts CEO Meg Whitman has put in place at Hewlett-Packard.
The computer industry announced a total of 34,380 job cuts
in the first half of 2012 compared to 3,178 cuts in the year ago period,
according to a report by Challenger, Gray & Christmas.
HP's announced layoffs of 27,000 people account for the
majority of that figure. The company only plans to complete a third of the
layoffs—9,000 people—by the end of October this year.
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