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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Senator949 who wrote (33293)	9/23/1998 9:08:00 AM
From: Elwood P. Dowd	Respond to of 97611

DEC German Workers to Protest Job Cuts DEC German workers to protest jobs cuts by Compaq 04:40 a.m. Sep 23, 1998 Eastern MUNICH, Germany, Sept 23 (Reuters) - Employees at the German unit of Digital Equipment Corp are planning a warning strike on Thursday to protest against expected jobs cuts by Compaq Computer Corp, a labour representative said on Wednesday. The German unit plans to cut 820 of 2,400 jobs as a result of its takeover by Compaq Computer Corp, a spokeswoman said in answer to an enquiry by Reuters. She added that the Digital supervisory board, which includes labour representatives and must approve measures such as layoffs, was set to discuss the job action on Thursday. Compaq has said about 17,000 jobs would be eliminated worldwide as a result of the takeover. A spokesman for Digital Equipment GmbH could not be reached for comment. In Germany's two-board system, a management board of top executives is responsible day-to-day operations, but must gain approval for job cuts, capital measures and other long-term moves from a supervisory board made of executives and labour.