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Business News Archive - July 19, 2005

Jul. 19--Struggling Hewlett-Packard Co. announced another round of major layoffs early Tuesday, saying it will cut 10 percent of its work force in order to streamline operations and cut costs.

Word of the Day
gazingstock
  • A person or thing gazed at with wonder or curiosity, especially of a scornful kind.
The 'stock' of 'gazingstock' comes from an Old English word meaning 'tree trunk' or 'wood'.
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