The split breaks up a company formed in the ’30s by Stanford University graduates Hewlett and Packard to make electric equipment. REUTERS/Jim Young/Files
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Hewlett-Packard said Tuesday an upcoming corporate split would lead to job losses of 25,000 to 30,000, on top of tens of thousands of cuts in recent months.In its last annual report, HP said it had some 302,000 employees at the end of 2014 .HP said Tuesday the new cuts will be the last ones.The new company will focus on cloud computing, servers, storage, networking and other technology services, with the other unit HP Inc. keeping the personal computer and printer operations.
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