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SAN JOSE -- Hewlett-Packard will cut 14,500 jobs over the next six quarters as the computer and peripherals maker reduces its full-time staff by 10%.

The company will take a pretax restructuring charge of about $1.1 billion over the next six quarters, beginning in the fourth quarter of fiscal 2005.

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will team with the state of New York on a five-year, $600 million project to create next-generation semiconductors. Read more ...

STAMFORD, CTCOMET, a supplier of x-ray, RF and dosimetry solutions, has opened a Technical Resource Center in San Jose, CA. In the heart of Silicon Valley, the new office provides more than twice the space of the previous West Coast facility.  

The 5,200 sq. ft facility was chosen due to the efficient layout of the building and its proximity to existing customers in the area. The North America service team will be able to inventory the entire line of COMET products and perform on-site service and repairs.  Features three inspection service laboratories for product demonstrations and quality assurance inspection.

The company also recently expanded its North American headquarters in Stamford.

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