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.
Stories by Agnes King and IDG staff
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Stock up as sales slide
Ailing sales figures and outsourcing concerns will have an immediate impact on IT spending and distribution inventory levels, according to analyst IDC.
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