HP plans to cut 5,000 more jobs

Struggling US computer giant Hewlett-Packard has planned to slash 5,000 more jobs, a regulatory filing shows. The company will now eliminate 34,000 positions by the end of October, 2014 - up from an earlier figure of 29,000. The California-based firm is in the midst of a multi-year restructuring to cope with the shift away from PCs to mobile devices.