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Technology Stocks : Compaq

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To: rupert1 who wrote (60026)4/28/1999 8:15:00 PM
From: Elwood P. Dowd  Read Replies (1) of 97611
 
...
by: myturn__5
73317 of 73320
As sad as it's for a lot of Compaq employees, there are information I'm hearing from
inside about a major lay off either this Friday( most likely) or next Monday. I'm hearing
of big numbers( very sad) but needed for this company to be competitive. I know from a
company release earlier this month that the number of people needed to go are 15%( of
17,000) translates to about 2550 people .( 85% of the 17,000 people have been laid off)
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