HP/COMPAQ: Staff brace for wave of sackings
Hewlett-Packard and Compaq will slash a combined total of 15,000 jobs as the merged entity attempts to wipe $4.81 billion ($US2.5 billion) in costs from its balance sheet, officials said last week.
Hewlett-Packard and Compaq will slash a combined total of 15,000 jobs as the merged entity attempts to wipe $4.81 billion ($US2.5 billion) in costs from its balance sheet, officials said last week.
Ailing sales figures and outsourcing concerns will have an immediate impact on IT spending and distribution inventory levels, according to analyst IDC.