Hewlett Packard Co outlined a plan on Wednesday to lay off roughly 27,000 employees or about 8 percent of its workforce to jumpstart growth.The layoffs, which will be mainly achieved through early retirement offers, will generate annual savings of $3 billion to $3.5 billion as it exits fiscal 2014, the company said.The world's No. 1 personal computer maker, which employs more than 300,000 people across the globe, also reported a 3 percent decline in quarterly revenue. Read More