H-P eyes job cuts, printer production relocation

CORVALLIS, Ore. - The Northwest could see another round of layoffs in the regional high-tech industry.
    
The Oregonian newspaper is reporting that as many as 300 Hewlett-Packard workers could soon lose their jobs.

The Corvallis and Vancouver campuses targeted for the layoffs focus on making ink-jet printers.

The Oregonian reported  that during an internal meeting, H-P announced possible the layoffs, an end to a key production line and that it is sending work to a contractor overseas.

The news comes just over a week after Hynix announced it's closing its memory-chip plant in Eugene, costing 1,100 people their jobs.