HP cuts in R&D

HP's restructuring plan cut 14,500 jobs last week and it seems they also cancelled four major research projects.

According to the report, about 10 percent, or 70 of H-P Labs' 700 employees worldwide are slated to receive layoff notices, though some may find jobs elsewhere in the company.

The discontinued projects are: Kay's Advanced Software Research team, HP's Cambridge Research Lab which studied health-related technology, the Consumer Applications and Systems Laboratory and the Emerging Technologies Laboratory. More details at EE Times