SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Hewlett-Packard (HPQ)
HPQ 24.42+1.8%Nov 28 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elwood P. Dowd who wrote (374)5/14/2002 11:38:43 AM
From: Night Writer  Read Replies (1) of 4345
 
Hewlett-Packard Merger Likely to Cost Some Compaq Jobs in Omaha, Neb.-Area

May 13, 2002 (Omaha World-Herald - Knight Ridder/Tribune Business News via
COMTEX) -- When Hewlett-Packard Co., fresh from merging with Compaq Computer
Corp., begins eliminating 15,000 jobs, some of the cuts probably will come in
the Omaha area.

Mike Larson, a Hewlett-Packard executive in Houston, wouldn't pinpoint the cuts
or say whether any would be made at a Compaq computer factory in Sarpy County or
in other Omaha-area operations, but he did say the job losses would be spread
around the company.

Compaq Direct employs 1,700 people in the Omaha area, 630 of them in the Sarpy
plant. Other Compaq operations employ 140 people in Omaha.

"All businesses and geographies will participate in the restructuring program to
some extent," Larson said. "But in terms of saying Compaq Direct would be
heavily impacted or hardly impacted at all, I really am not at liberty to say."

Notices of firings probably will start going out next week.

Other changes likely are coming as well, but executives weren't talking about
them or, in some cases, said they had not yet been told themselves.

The name Compaq Direct may be a casualty. The corporate name is Hewlett-Packard
Co. Compaq will be retained as the brand name for some lines of computers.


By Virgil Larson
To see more of the Omaha World-Herald, or to subscribe to the newspaper, go to
omaha.com

(c) 2002, Omaha World-Herald, Neb. Distributed by Knight Ridder/Tribune Busines

News.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext