Siemens in third round of cuts Siemens, the German engineering and technology conglomerate, will unveil cost-saving measures across its communication businesses, including its third round of job cuts this year after the unit reported falling earnings. HP links with Accenture Hewlett-Packard, a leading US computer company, announced an alliance with Accenture, the technology consultant group, in an effort to challenge IBM in the IT services market. Six years after the initial public offering of Netscape, Silicon Valley finds itself in a severe slump. Shown in local currency and time. Click through for full tearsheet.
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