Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: rudedog who wrote (59849)	4/25/1999 11:31:00 AM
From: rupert1	Read Replies (2) \| Respond to of 97611

rudedog: The 1,500 was from my memory. I thought that was the figure discussed at the shareholders meeting or in some other communique in the past week. I must admit that I was surprised that it was so close to completion. However if you say there is still 4,500 to go, that takes it back to where it was in December. My memory tells me that then the expectation about the European lay-offs were that it would happen in March-June, 1999. I take your point about the redistribution of staff to the more profitable divisions. In theory one would also expect that rationalisation would also yield scope for more reductions. I think Captain Jack had a good point about an outsider having some advantages in cutting staff and waste. Just so long as he does not cut out the good stuff.